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49 sats \ 3 replies \ @Undisciplined 15 Jan \ parent \ on: Americans Don't See Inflation Returning to 2% Anytime Soon econ
That one came to mind and I recall talking to @Cje95 about this, too. I don't think there's any real push to get back down to the target. If anything, they want to figure out how to justify raising the target to 3%.
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42 sats \ 1 reply \ @Cje95 15 Jan
Lol I have no idea what I heard the first time around cause now that I am watching they are calling for a range that goes to 3%
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0 sats \ 0 replies \ @Undisciplined 15 Jan
That's what Canada does, I believe. You can still pretend it's a 2% target, but you're letting it move between 1-3%.
Will it ever be down to 1%? Who cares?
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34 sats \ 0 replies \ @Cje95 15 Jan
It will be interesting to see now with elections over if they are more willing to discuss it openly. From what I overheard on CNBC this morning the numbers came in decent and have alleviated some fears for now. Elections were the big reason for the secretes so now that that is over it will be interesting to watch.
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