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Episode description
Two Indicators: The 2% inflation target
Planet Money
Jan 13, 2023
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18 min
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Ep 1606
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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.
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Two Indicators: The 2% inflation target | Planet Money podcast - Listen or read transcript on Metacast