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Has the Fed Abandoned Its Average Inflation Target?

William J. Luther
William J. Luther
PLUS Fed projections; CBDCs and financial privacy; and more…

Recent Writings
Has the Fed Abandoned Its Average Inflation Target?
FOMC Projects Higher Inflation
If The Fed Starts a Digital Currency, It Had Better Guarantee Privacy
The U.S. Needs Digital Cash, Not Just Digital Currency
Check out the most recent report from FAU's College of Business!
Check out the most recent report from FAU's College of Business!
Media Mentions
Crypto expert on how Bitcoin has played a role in the Russia, Ukraine war
William Luther Discusses President Biden's Executive Order and the Digital Yuan
Twitter Takes
William J. Luther
PREDICTION: The FOMC, which revised its median projection of inflation for 2022 up from 2.6 to 4.3 percent in March, will revise its median projection up again in June.
@MorganTimmann and I forecast the price level based on FOMC projections in our monthly @InflationReport. https://t.co/E4IApTKqjn
William J. Luther
All else equal, an increase in money will cause prices to rise. But M1 exaggerates the increase in money over this period. Here’s a quick thread to keep you from looking completely uninformed about the data. 🧵👇 https://t.co/ko7G15Q7YQ
William J. Luther
Excuse me. Nobuhiro Kiyotaki and John Moore would like a word with you. https://t.co/iX1welx31R https://t.co/xMxjEbpAIs
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William J. Luther
William J. Luther @williamjluther

William J. Luther is an associate professor of economics at Florida Atlantic University and director of the American Institute for Economic Research's Sound Money Project.

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