In a major policy shift, the U.S. Federal Reserve is moving away from a targeted inflation rate of 2% to a policy of "average inflation targeting." Kim Parlee speaks with Scott Colbourne, Managing Director, Global Active Fixed Income, TD Asset Management, about what this means for markets.
Transcript
- A lot has been going on in the markets, and especially with the Federal Reserve, which is changing its policy in terms of how it manages inflation. This was pretty significant news, and here to explain what it all means, Scott Colbourne. He is managing Director