Mar 26, 07:15 AM

Central Banks, Including ECB and BoE, Led by Fed, Consider Shift from Strict Inflation Targeting

Major central banks, including the Federal Reserve, are potentially moving away from strict inflation targeting towards a more flexible approach. Analysts suggest this shift could be led by the Fed and involve transitioning to an inflation target based on a range, such as 2-3%. The ECB and BoE have already adopted ceiling systems, prompting discussions on whether the Fed will follow suit. Critics point to the Fed's credibility challenges amidst dovish policies and ongoing government spending.

#Federal Reserve #Fed #ECB #BoE

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