Asking the Fed to adjust its inflation target would be like waving a Pride flag at a DeSantis rally, Paul Krugman says
By Paul Krugman has long been a critic of the Fed’s 2% inflation target, and suggests the goal be bumped up to 3%. But central bankers’ reaction to such suggestions is similar to what “you’d get if you waved a Pride flag at a DeSantis rally,” he says. In his New York Times op-ed, Krugman…