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A Simple Evaluation of Two Decades of Inflation Targeting: Lessons for the New Monetary Policy Strategy

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  • Matthew Famiglietti
  • Carlos Garriga

Abstract

New Fed guidance could deliver more inflation outcomes above the current inflation target.

Suggested Citation

  • Matthew Famiglietti & Carlos Garriga, 2021. "A Simple Evaluation of Two Decades of Inflation Targeting: Lessons for the New Monetary Policy Strategy," Economic Synopses, Federal Reserve Bank of St. Louis, issue 1, pages 1-3, January.
    • Handle: RePEc:fip:fedles:92645
    DOI: 10.20955/es.2021.1
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    References listed on IDEAS

    as
    1. Jonathon Hazell & Juan Herreño & Emi Nakamura & Jón Steinsson, 2022. "The Slope of the Phillips Curve: Evidence from U.S. States," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 137(3), pages 1299-1344.
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    Cited by:

    1. Park, Kwangyong, 2022. "The excess sensitivity of long-term interest rates and central bank credibility," Economic Modelling, Elsevier, vol. 106(C).

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    Keywords

    inflation; monetary policy;

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