The Federal Reserve revised its monetary policy strategy and adopts “average inflation targeting”. The target inflation rate is still two percent:
And here is the event and the video where Jay Powell made the announcement:
“Rise of the central bank digital currencies: drivers, approaches and technologies”. A useful overview of the Bank for International Settlements:
“Exchange rate regimes can give nations varying levels of autonomy over monetary policy” (by Maurice Obstfeld). Interesting throughout:
Or contact me at: firstname.lastname@example.org
Sometimes, my readers would like to make a donation. If you decide to do so, thank you very much.