Former Federal Reserve Chairman and Distinguished Fellow of the Brookings Institute, Ben…

Cindy Ponder-Budd

Former Federal Reserve Chairman and Distinguished Fellow of the Brookings Institute, Ben Bernanke,briefly explains his thoughts on the advantages of "temporary price-level targeting". This tool would give central banks more flexibility when short-term rates are already close to zero.
https://www.brookings.edu/blog/ben-bernanke/2017/10/12/temporary-price-level-targeting-an-alternative-framework-for-monetary-policy/

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