Fed’s Williams: In next crisis, central banks to have less room to cut rates
|San Francisco Fed President John Williams is delivering a presentation at the Hutchins Center on Fiscal and Monetary Policy at Brookings, with key quotes, via LiveSquawk, found below.
Inflation targeting has problem of inflation on average being lower than goal.
Can solve issue with price level targeting.
In next crisis, central banks to have less room to cut rates
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