Bullard: Abandoning 2% Inflation Goal Would Be Disaster

The video discusses the importance of maintaining stable prices in the US economy, defined as a 2% inflation rate, which is an international standard. It warns against abandoning this standard, as it could lead to economic instability reminiscent of the 1970s. The video also examines recent inflation trends, noting concerns about the volatility of energy prices, and emphasizes the need to consider other economic measures. Future expectations are discussed, with a focus on policy responses and the need for more data.

What measures does the speaker mention to assess inflation beyond energy prices?

What is the speaker's outlook on the improvement of inflation measures in the future?