Tagged: NGDP

Carney on NGDPLT - The Dismal Science

James Zuccollo Feb 08, 2013

Mark Carney appeared at the Treasury Select Committee today for interrogation before being confirmed as the next Governor of the Bank of England. The big question everybody wanted answered is whether he favoured a move from inflation targeting to NGDP level targeting. The answer is ‘no’, but the reasons are interesting. Carney is a known [...] … Read More