UNITED STATES: Fed may eschew inflation target
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In this article
- Inflation targeting?
- Policy conundrum
- 'Stealth target'?
- Overt commitment?
- Political capital?
- US exceptionalism?
- Numeraire problems
- Special US role?
- Necessary dollar depreciation
- Managed dollar decline
- Targeting straightjacket?
- Outlook
What is this?
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