Should-Read: Mark Thoma: The Fed’s Inflation Goal: What Does the Public Know?

Should-Read: Mark Thoma: The Fed’s Inflation Goal: What Does the Public Know?: “‘Lately, various Committee members… and Chair Yellen… http://economistsview.typepad.com/economistsview/2017/04/the-feds-inflation-goal-what-does-the-public-know.html

…have discussed the symmetry about the Committee’s inflation target. Our evidence suggests that the message may not have quite sunk in yet.’ Or perhaps the message did sink in, but wasn’t believed. This is from Dave Altig, Nicholas Parker, and Brent Meyer at the Atlanta Fed’s macroblog…