FWIW, the Fed's website includes an FAQ on the 2% target.

FWIW, the Fed's website includes an FAQ on the 2% target.
by EricCartman (2024-02-27 09:03:28)

In reply to: That’s not the defined policy goal posted by ufl

Whether this is official policy or not, it is certainly the public expectation of the ideal inflation rate, since it is often cited as our official inflation target.

Click here for link at https://www.federalreserve.gov/faqs/economy_14400.htm

Replies:

Yes. They toyed with this when they spent - ufl 2024-02-27 09:17:38