Today there is NO NEED, indeed no good reason to target inflation at 2%.
Rates matter--perhaps more than anything else in capital markets...
Why John Oliver (& the rest of the media) is Wrong on Inflation Inflation is a huge and dangerous problem; but not one he seems to understand. In his funny, but shockingly uninformed take on inflation; he lists greed, Biden, Putin, and supply chains as the culprit behind inflation. If you