Podcasts Business Investing WEALTHTRACK EXTRA: Clarida on 2% Inflation: Defending The Feds Solution

EXTRA: Clarida on 2% Inflation: Defending The Feds Solution

Published: Feb. 17, 2023, 8:24 p.m.

This is additional commentary from Richard Clarida that didn't make it into the episode. Legendary Fed Chairman Paul Volcker was highly critical of the Fed\u2019s policy of targeting 2% inflation, saying he saw \u201cno theoretical justification\u201d for it and that if successful, it \u201cwould mean the price level doubles in little more than a generation.\u201d In this EXTRA exclusive, Former Fed Vice Chair Richard Clarida defends the 2% solution.

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