Where Did the Fed's Inflation Target Come From?

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One part of the Federal Reserve's dual mandate is to keep inflation in check, which has proven to be stickier than expected after the pandemic. But, where did the Fed's 2% inflation target come from, and does it make sense in today's economy? -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis,

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Where Did the Fed's Inflation Target Come From? Bloomberg Markets and Finance - 01.02.2025 15:07

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Where Did the Fed's Inflation Target Come From? Bloomberg Markets and Finance - 01.02.2025 15:07