Supporting Strong, Steady, and Sustainable Growth
John Williams ()
FRBSF Economic Letter, 2018
The U.S. economy is on course to be as strong as in many decades, and inflation is moving closer to the Federal Reserve?s target. The challenge for monetary policy is to keep it that way. While this is never an easy task, the Fed is well positioned to achieve its goals and respond to unexpected developments. The following is adapted from a speech by the president and CEO of the Federal Reserve Bank of San Francisco to the World Affairs Council of Sonoma in Santa Rosa, CA, on April 6.
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Working Paper: Supporting Strong, Steady, and Sustainable Growth (2018)
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