There’s a New Way to Control Inflation
- https://www.bloomberg.com/news/articles/2017-05-31/a-new-way-to-control-inflation-from-san-francisco-fed-president?utm_content=bufferc7cd7&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer
- flexible price-level targeting would be used by FED
'Inflation versus Price-Level Targeting in Practice'
What is Inflation targeting ?
- targeted the growth rate of prices
What is Price-Level Targeting?
- targeted the growth rate of price level
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