Must the Fed fight growth?

Jerry L. Jordan

Economic Commentary, 1994, issue Jul

Abstract: A response by the Cleveland Federal Reserve Bank President Jerry L. Jordan to critics who assert that the central bank intentionally slows the real growth of the economy in order to keep wage and price pressures in check. Jordan asserts that stabilizing the purchasing power of money is the best way to enhance real growth in the long run.

Keywords: Monetary; policy; -; United; States (search for similar items in EconPapers)
Date: 1994
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