Price Stability Built to Last

Mary Daly

FRBSF Economic Letter, 2024, vol. 2024, issue 01, 6

Abstract: The economy is healthy and price stability is within sight. But progress is not victory, and considerable uncertainty and risks remain. To finish the job will take fortitude and patience, along with the agility to respond as the economy evolves. The following is adapted from the keynote address by the president of the Federal Reserve Bank of San Francisco at the 40th Annual NABE Economic Policy Conference in Washington, DC, on February 16.

Keywords: monetary policy; central banking; inflation; labor; productivity; wage inflation; supply; demand (search for similar items in EconPapers)
Date: 2024
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