Yellen willing to reassess 2% target

Janet Yellen
Janet Yellen speaking to the press on June 14
Photo: US Federal Reserve

Janet Yellen has indicated she would be open to the idea of re-examining the appropriate level for the Federal Reserve’s inflation target.

“This is one of our most important decisions, and one where we are attentive to evidence and so I think it is one we will be reconsidering at some future time,” the Fed chair told a press conference on June 14.

A group of high-profile economists called on the Fed to consider revising up its 2% target in a letter on June 8. Joseph Stiglitz, David

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.