Summary panel: reflections on monetary policy at low inflation

Michael Mussa

Conference Series ; [Proceedings], 2000, 1100-1106

Abstract: Operating monetary policy in a low-inflation environment is probably easier, and is certainly more constructive for the economy, than operating it in a high inflation environment.

Keywords: Monetary policy; Inflation (Finance); Interest rates (search for similar items in EconPapers)
Date: 2000
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