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SOURCE : Nick Timiraos: Fed Embarks on a Rethink of Its Inflation Target , Feb. 24, 2019, the Wall Street Journal (Eastern Edition) Question :

SOURCE: Nick Timiraos: Fed Embarks on a Rethink of Its Inflation Target , Feb. 24, 2019, the Wall Street Journal (Eastern Edition)

Question: According to the article, Fed Embarks on a Rethink of Its Inflation Target, Federal reserve officials are considering whether to allow inflation to rise above their 2% target.

1. What is their rationale for letting inflation rate rise above 2%?

2. What will this rise in inflation rate do to the Foreign Exchange Market?

3. What impact will this have on the USD?

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