18 min

Two Indicators: The 2% inflation target Planet Money

    • Business

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If the Fed had a mantra to go along with its mandate, it might well be "two percent." We look into how that became the target inflation rate, why some economists are calling for a change and how the inflation rate becomes unanchored.

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If the Fed had a mantra to go along with its mandate, it might well be "two percent." We look into how that became the target inflation rate, why some economists are calling for a change and how the inflation rate becomes unanchored.

Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney

Learn more about sponsor message choices: podcastchoices.com/adchoices

NPR Privacy Policy

18 min

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