Veronika Dolar

Veronika Dolar

Assistant Professor of Economics, SUNY Old Westbury


Fed wants inflation to get down to 2% – but why not target 3%? Or 0%?

By: - December 13, 2022

What’s so special about the number 2? Quite a lot, if you’re a central banker – and that number is followed by a percent sign. That’s been the de facto or official target inflation rate for the Federal Reserve, the European Central Bank and many other similar institutions since at least the 1990s. But in […]