Buy-side execs question wisdom of targeting higher inflation
The argument for raising inflation targets is that it would give central bankers more room to use interest rate policy, but some investment industry executives have their doubts about the concept.
While global economists and academics at Jackson Hole, the annual US monetary policy conference, looked for clues on the likelihood of a US interest rate hike in late 2016, Federal Reserve chairwoman Janet Yellen focused instead on discussing the limitations of monetary policy.
Sign In to Your Account
Access Exclusive AsianInvestor Content!
Please sign in to your subscription to unlock full access to our premium AI resources.
Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial—no registration fees required. Click the link to get started.
Note: This free trial is a one-time offer.
¬ Haymarket Media Limited. All rights reserved.