Macro Waves
#1 – Central banks: current objectives and the issues they raise
12:45
In this podcast, we look at central banks policy objectives, which sometimes differ. The ECB’s top priority is to meet its inflation target, whereas the Fed is targeting both inflation and full employment. These objectives raise several questions: how can we measure inflation and full employment? How do central banks set their targets? And what instruments can be used to attain them? We will…