Stable prices, stable economy: keeping inflation in check must be No. 1 goal of monetary policymakers

William Poole () and David Wheelock

The Regional Economist, 2008, issue Jan, 4-9

Abstract: Conventional wisdom holds that if policymakers are too focused on controlling inflation, then employment, output growth and financial stability will suffer. But the conventional wisdom is wrong, according to the data.

Keywords: Monetary policy; Inflation (Finance) (search for similar items in EconPapers)
Date: 2008
References: Add references at CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://www.stlouisfed.org/publications/regional-e ... onetary-policymakers Full Text (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedlre:y:2008:i:jan:p:4-9

Ordering information: This journal article can be ordered from

Access Statistics for this article

More articles in The Regional Economist from Federal Reserve Bank of St. Louis Contact information at EDIRC.
Bibliographic data for series maintained by Scott St. Louis ().