Texas Tech University

Low Inflation Is Still Too High for Bank Depositors

American Banker

July 16, 2015

American Banker - Scott E. Hein is the Robert C. Brown chair in finance and faculty director at Texas Tech School of Banking in the Rawls College of Business at Texas Tech University.

It's a well-known fact that the Federal Reserve aims for an inflation rate of 2%. What's less clear is whether the logic behind this goal holds up.

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