Why Stable Prices Are Important

Heather Hennerich

Open Vault from Federal Reserve Bank of St. Louis

Abstract: Price stability reduces uncertainty in the economy. It keeps people at ease knowing that their wages are going to be enough tomorrow to buy what they need.

Date: 2021-02-17
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00100:102615

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