Speech

Is price stability attainable?, speech at the Global Interdependence Center Conference, Dublin Ireland, June 11, 2007

Abstract: President Pianalto first explains why maintaining price stability requires keeping inflation expectations low and secure. Second, she describes some inflationary risks that may become significant down the road. Finally, she discusses why, in the face of these risks, central banks' ability to maintain price stability will depend on the clarity and transparency of their communications.

Keywords: Monetary policy; Inflation (Finance);

Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Speech

Publication Date: 2007

Number: 12