Price stability and the rising tide: how low inflation lifts all ships

William Poole () and Howard Wall

The Regional Economist, 2000, issue Jan, 4-9

Abstract: The low and stable inflation that the Fed has relentlessly pursued over the past decade or so has buoyed virtually all demographic groups, enabling most Americans to do a lot more than just keep their heads above water.

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