Larry Kudlow says the Federal Reserve should cut its inflation target to 0%, echoing economist Art Laffer’s argument against the Fed’s long-standing 2% goal. Laffer says there is no justification for tolerating any inflation in the US economy.
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Larry Kudlow says the Federal Reserve should cut its inflation target to 0%, echoing economist Art Laffer’s argument against the Fed’s long-standing 2% goal. Laffer says there is no justification for tolerating any inflation in the US economy.
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