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Quarles Says 3% Inflation Target Would Hurt Fed Credibility

Posted

April 1, 2024

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Former Federal Reserve Vice Chair for Supervision Randy Quarles explains why it is important for the Federal to stick to its 2% inflation target, which it reaffirmed as part of a comprehensive review of the monetary policy framework just before the inflationary surge began.

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Supervision Randy Quarles

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Quarles Says 3% Inflation Target Would Hurt Fed Credibility · Bloomberg Television · Sentinel