Fed's Miran leans against any push to change Fed inflation target
NEW YORK, Sept 22 (Reuters) - Federal Reserve Governor Stephen Miran said Monday he does not support any change in the central bank’s 2% inflation target right now.
“Any prospective changes to the inflation target should only ever be entertained after a material period of the Fed achieving its inflation target, to avoid any appearance of changing the goal posts,” Miran said at a gathering of the Economic Club of New York.
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