![Two Indicators: The 2% inflation target - podcast episode cover](https://media.npr.org/assets/img/2023/01/13/federal-reserve-building-inflation-expectations_sq-16ca942481df96b65057c823cbf99fdfc0e4693d.jpeg?s=3000&c=66&f=jpeg)
Episode description
If the Fed had a mantra to go along with its mandate, it might well be "two percent." We look into how that became the target inflation rate, why some economists are calling for a change and how the inflation rate becomes unanchored.Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney
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