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10 sats \ 3 replies \ @Undisciplined 10 Apr \ on: Consumer prices rose 3.5% from a year ago in March, more than expected econ
Are you hearing any talk about raising the inflation target to 3%?
Right now on the hill its kinda hard to describe because its yes and no across party lines. The biggest talking point that you hear is how 2% is just not going to happen this year and to think so is nuts. I feel like people are concerned that if they go to 3% that they wont be able to slow it down further. Forward-looking I think 2% is possible in a couple of years but right now this year I think people would be thrilled for it to hit 3% and stay there