Journal Article
Maintaining a low inflation environment
Abstract: An examination of monetary policy actions before and after 1982, illustrating that prompt federal funds rate increases aimed at maintaining a low inflation environment are associated with subsequent robust economic growth, not with weak growth, as is commonly thought.
Keywords: Inflation (Finance); Monetary policy;
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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Commentary
Publication Date: 1997
Issue: Mar
Order Number: 1