Yellen Imagines a Future Where Fed Tinkers With Inflation Target

  • Central bank ‘not actively considering’ that now, she says
  • Fed has tools to handle recessions ‘under most conditions’

El-Erian: Fed Encouraged By Inflation Rate Edging Up

Federal Reserve Chair Janet Yellen raised the possibility that future policy makers might increase their inflation target and broaden the types of assets they can buy to enhance their ability to counteract a severe recession.

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