On the recordNovember 27, 2017
It is actually really important that we achieve our 2 percent target because our credibility is important on that front.
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congress.govIt is actually really important that we achieve our 2 percent target because our credibility is important on that front.
Powell emphasizes the importance of maintaining the inflation target for credibility.
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If we move too quickly, then we may leave the inflation job unfinished and have to come back later and finish it.