«The Committee will carefully monitor actual and expected inflation developments relative to
its symmetric inflation goal.»
The Committee will carefully monitor actual and expected inflation developments relative to
its symmetric inflation goal.
Not exact matches
The Fed uses the word «
symmetric» to emphasize that its
goal is to prevent
inflation running persistently above or below 2 percent.
Officials may have signalled their willingness to allow
inflation to exceed their 2 per cent
goal somewhat by adding a reference to the «
symmetric» nature of their target.
By including the words «
symmetric» and «symmetrical» in its official statement, the Fed signalled it is prepared for
inflation to be moderately higher than 2 per cent, mirroring the post-financial crisis years when prices persistently fell short of the
goal.
Steering a middle ground on the
inflation and interest rate outlook, the Jerome Powell - led Fed noted that the
inflation goal was «
symmetric».