Comment: Ferguson bids Fed farewell

The vice chairman of the Federal Reserve, Roger Ferguson, will retire in two months' time and he will not attend the Fed's next rate-setting meeting on March 27-28. Ferguson's departure underscores the idea of a Fed in flux.

COMMENT BY CENTRALBANKNEWS

Indeed his departure may now leave the way clear for a shift to inflation targetting.

Ferguson is not known for contrarian views on interest rates. Indeed his views on the stance of monetary policy usually reflected the median view of the Fed's rate

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