Nick Timiraos(@NickTimiraos ):The Fed adopted changes to its policy setting framework in 2020 because the very low rate world of the previous decade had introduced a meaningful asymmetry to their inflation target. The world had other plans. Freed from that regime, the Fed is now seeking to retool.

Nick Timiraos

@NickTimiraos

Chief economics correspondent, The Wall Street Journal • Author, "Trillion Dollar Triage”

Joined July 2009

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Nick Timiraos@NickTimiraos

2025.05.15 12:43

The Fed adopted changes to its policy setting framework in 2020 because the very low rate world of the previous decade had introduced a meaningful asymmetry to their inflation target. The world had other plans. Freed from that regime, the Fed is now seeking to retool.