The MacroTourist

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AVERAGE INFLATION TARGETING

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AVERAGE INFLATION TARGETING

What is it? Is it coming? And if so, what does it mean?

Kevin Muir
Aug 27, 2020
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AVERAGE INFLATION TARGETING

posts.themacrotourist.com

Tomorrow is the big day. What am I talking about?

Why, virtual Jackson Hole of course!

Ever since August 1982, when Fed Chairman Paul Volcker left a sweltering Washington DC to venture into the Wyoming mountains for a little rest, maybe a few casts of his beloved fly rod, and the opportunity to listen to a hundred economists tell him what he was doing wr…

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