🔥Policy Shift Signal? US Treasury Secretary Proposes Modifying Inflation Target
💥Just in: Major news that could impact future macro landscape: US Treasury Secretary Yellen openly supports revisiting the Federal Reserve's 2% inflation target.
She suggests that after meeting the inflation target, discussions could be had about adjusting the target to a range, such as 1.5%-2.5% or 1%-3%. This is not just a simple number game; if implemented, it would mean greater policy flexibility for the Federal Reserve.
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