Reflections on monetary policy: flexibility, transparency, and inflation

Michael H. Moskow

Chicago Fed Letter, 2006, issue Sep, No 230

Abstract: Monetary policy has come a long way in the past quarter century. Price stability has always been part of the Federal Reserve's policy mandate. Should the Fed now adopt explicit numerical guidelines or targets for inflation?

Keywords: Inflation (Finance); Monetary policy (search for similar items in EconPapers)
Date: 2006
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