Inflation Targeting

Francis H Schott

Business Economics, 2005, vol. 40, issue 1, 46-49

Abstract: There is substantial positive interest within the Federal Reserve in an explicit price level objective as a focus for evaluating Federal Reserve performance. Setting such an explicit objective would raise the question of whether price stability might acquire primacy among the mandates the Federal Reserve has received over the years.Business Economics (2005) 40, 46–49; doi:10.2145/20050107

Date: 2005
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