Federal Reserve's 2% inflation target is wavering? U.S. Treasury Secretary Yellen: Adjusting to a target range could be discussed.

According to the Securities Times app, US Treasury Secretary Scott Benett supports reconsidering the Federal Reserve's 2% inflation target once the inflation rate sustainable falls to 2%. Benett stated in an interview: "Once we return to a 2% inflation level - which I believe is close to being achieved - we can discuss whether it would be more sensible to establish a target range." He said, "Once we re-anchor this target, we can discuss establishing a range."