Planet Money

Two Indicators: The 2% inflation target

If the Fed had a mantra to go along with its mandate, it might well be "two percent." We look into how that became the target inflation rate, why some economists are calling for a change and how the inflation rate becomes unanchored. Subscribe to Planet Money+ in <a href="https://podcasts.apple.com/podcast/290783428">Apple Podcasts</a> or at <a href="http://plus.npr.org/planetmoney">plus.npr.org/planetmoney</a> Learn more about sponsor message choices: <a href="https://podcastchoices.com/adchoices">podcastchoices.com/adchoices</a> <a href="https://www.npr.org/about-npr/179878450/privacy-policy">NPR Privacy Policy</a>

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