The Globe and Mail
July 28, 2019
The United States Federal Reserve has some reasons to cut interest rates at its July 31 meeting, or subsequently if the U.S. economy weakens. (There is also a case for holding rates steady, if growth remains as strong as it has been over the past year.) But one argument for easing is less persuasive: a perceived imperative to get U.S. inflation up to or above 2 per cent.
Frankel, Jeffrey A. "Central Banks Should Forget About Achieving 2 Percent Inflation." The Globe and Mail, July 28, 2019.