inflation targeting

“Bank Failures and Job Cuts: The Unintended Consequences of FED’s Inflation Targeting Strategy”

The Federal Reserve (Fed) has long been focused on maintaining an inflation rate of 2% to achieve its dual mandate of maximum employment and price stability. This target was officially adopted in January 2012, but has been an implicit goal since the mid-1990s. There are three main reasons for targeting a positive rate of inflation, […]

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Silicon Valley Bank’s Failure: Lessons Learned and Implications for Singapore

On March 10, 2023, Silicon Valley Bank (SVB) was shut down and taken over by banking regulators, marking the end of an era for one of the most prominent banks in the United States. The downfall of SVB can be attributed to a sequence of events that started with the Federal Reserve raising interest rates

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