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Reflections on monetary policy: flexibility, transparency, and inflation
Abstract: Monetary policy has come a long way in the past quarter century. Price stability has always been part of the Federal Reserve's policy mandate. Should the Fed now adopt explicit numerical guidelines or targets for inflation?
Keywords: Inflation (Finance); Monetary policy;
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Bibliographic Information
Provider: Federal Reserve Bank of Chicago
Part of Series: Chicago Fed Letter
Publication Date: 2006
Issue: Sep
Order Number: 230