DISTRUPTIVE IDEAS
Changes In The Fed’s Monetary Policy Strategy, Tools And Communication Policy: Likely Move To Flexible Average Inflation Targeting
By Nouriel Roubini
25 March 2019
In this paper we discuss:
- what options the Federal Reserve will contemplate to update its inflation-targeting regime;
- what changes the Fed could realisitically introduce to its inflation-targeting regime;
- what changes in its policy toolkit the Fed could consider, including YCC and NPR; and
- how the Fed could refine its communication strategy.
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