Yellen Imagines a Future Where Fed Tinkers With Inflation Target

August 26, 2016 5:11 PM

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Federal Reserve Chair Janet Yellen raised the possibility that future policy makers might increase their inflation target and broaden the types of assets they can buy to enhance their ability to counteract a severe recession.

While stressing that the central bank was “not actively considering” such steps, she told a Fed symposium in Jackson Hole, Wyoming, on Friday that “they are important subjects for research.”

Also read: Draghi Defends ECB’s Easy-Money Policies

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