The US May Adopt An Inflation Target That Could Lead To Asset Price Inflation In Emerging Economies
Jus a few months ago, the US Federal Reserve policymakers were focused on how to exit from their extremely easymonetary
policy. The thinking has changed and now they are positioning themselves to do more given that the US
economy is slowing down and unemployment rate remains at a high level. Based on the Fed Chairman’s, Ben Bernanke,
earlier writing about Japan and various policy responses proposed to help Japan to shake off the deflation, Japan’s
experience may help to shape the Fed’s responses to the US slow recovery.
Tracking The World Economy... - 14/10/2010
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