…Japan Presidential appointee Haruhiko Kuroda would not be able to get inflation or expected inflation up to the 2% target using unconventional monetary policy. Then I expected the 3% increase…

…back to the nominal success of the O,E,C,D, growth target and its substantive failure. Under pressure from the U.S., the newly fledged institution adopted a target of 50% during the…

…growth target the budget would produce and told them to fill in data supporting the target and necessary to make it happen.” The logic could work if the end result,…

…to create excess demand or excess supply in the economy, to target the inflation rate. A central role in this relationship between the economy and inflation is played by inflation…

…argues that there wasn’t a regime shift except in Japan, because central bankers stuck to the 2% target. He notes that in Japan Kuroda declared a 2% target. “Abenomics” was…

…Fed’s alleged “target,” it stopped easing and started tightening. Now that it has arrived at their “target,” they are talking about the need to tighten more aggressively to prevent inflation….

…bring inflation down to the Fed’s target can be argued, but we are clearly close to a pace consistent with the target. And, it is indisputable that we have seen…

…sense of security, with long-term consequences for their well-being. Personality traits of bullies and their targets Workplace bullies often target those who possess qualities highly valued by employers: self-sufficiency, cautiousness and…

…advance based on their forecast of next period’s price level. The monetary authority has an ambitious output target (wants to trick people into producing more than they would in the…

Whether it’s Market Monetarist NGDP targeting (a.k.a. Damn The Inflation Rate; We Need Growth!) or Menzie’s recommendation of Conditional Inflation Targeting with a notably higher target, everything tells us that…