The Theory of Average Inflation Targeting

John Williams

Speech from Federal Reserve Bank of New York

Abstract: Remarks at Bank of Israel/CEPR Conference on “Inflation: Dynamics, Expectations, and Targeting” (delivered via videoconference).

Keywords: average inflation targeting (AIT); R-star; lower bound; Static Average Inflation Targeting (SAIT); dynamic average inflation targeting (DAIT); interest rates; monetary policy (search for similar items in EconPapers)
Date: 2021-07-12
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