The Fed Lays Out New Goals, but Its Tools Could Be Lacking
Wall Street Journal, Aug. 30, 2020–Nick Timiraos (subscription)
Now that the Federal Reserve has formally codified changes to its policy framework to seek periods of higher inflation, the question is how to achieve it.
https://www.wsj.com/articles/the-fed-lays-out-new-goals-but-its-tools-could-be-lacking-11598796001?mod=hp_major_pos2#cxrecs_s