Inflation Thresholds and Policy-Rule Inertia: Some Simulation Results

Cristina Fuentes-Albero and John Roberts

No 2021-04-12, FEDS Notes from Board of Governors of the Federal Reserve System (U.S.)

Abstract: In August 2020, the Federal Open Market Committee approved a revised Statement on Longer-Run Goals and Monetary Policy Strategy (FOMC, 2020) and in the subsequent FOMC meetings, the Committee made material changes to its forward guidance to bring it in line with the new framework. Clarida (2021) characterizes the new framework as comprising a number of key features.

Date: 2021-04-12
New Economics Papers: this item is included in nep-cba, nep-cmp, nep-mac and nep-mon
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Persistent link: https://EconPapers.repec.org/RePEc:fip:fedgfn:2021-04-12

DOI: 10.17016/2380-7172.2899

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