Economics
The World’s Central Banks Are Debating Whether to Change Their Strategies
- Fed, ECB officials all researching whether to change targets
- Weak inflation prompting rethink at major central banks
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Struggling to hit their targets for inflation, central banks around the world are debating whether they need to alter what they’re aiming for.
From the Federal Reserve to the European Central Bank, officials are studying their current strategies and whether they need to be changed to revive inflation as it keeps undershooting the levels deemed to represent price stability.