What central banks ought to target | Curio

What central banks ought to target

8 mins | Mar 5, 2021

Martin Wolf: amid a wide range of options, inflation targeting remains the simplest and least bad. Since the 1990s, central banks have targeted increases in the prices that people pay for goods and services. Recently, however, alternative positions have emerged. Here Wolf considers what's best, exploring how central banking should be guided by smart goals and an understanding of uncertainty.

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From Financial Times