Is low inflation a problem for the United States? @ Forex Factory

From kansascityfed.org

Thank you. I am delighted to be here. My remarks today will focus on an issue that is of particular interest to those who follow the Fed's policy. The question is whether the current level of inflation is too low. Of course, understanding the drivers of inflation dynamics is an essential part of the FOMC's work. As central banks have done in other countries, the Federal Reserve announced last November its intention to review its monetary policy strategy, tools and communication practices. This review seems to me to be appropriate given the changes that have occurred over time in our economy, … (full story)