Report says Fed to consider inflation target

Federal Reserve policy-makers will next week discuss whether to set a numerical objective for inflation and, if so, what it should be, the Wall Street Journal reported on Thursday 27 January.

The Fed considers such long-term topics twice a year, and no formal decision is likely, the newspaper said. Nor is an explicit, public inflation target on the table, according to the report, which cited people familiar with the matter.

Doing so need not be the same as setting an explicit target, which imp