Pantheon Macroeconomics - Judging by conversations we have had with investors since October, the idea that the Fed will be willing to let inflation overshoot the 2% target for a time has become received wisdom in the markets.

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19 December 2016 Yellen Backs Away from the "High- Pressure" Economy

By Ian Shepherdson

Judging by conversations we have had with investors since October, the idea that the Fed will be willing to let inflation overshoot the 2% target for a time has become received wisdom in the markets.

Posted: 18th Dec 2016 in 'U.S. Documents'

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