Journal Article

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


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;

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: The Regional Economist

Publication Date: 2000

Issue: Jan

Pages: 4-9