Journal Article
Which comes first: inflation or the FOMC's funds rate target?
Abstract: Must the FOMC increase its target before inflation, or will inflation increase and cause the FOMC to increase its target?
Keywords: Inflation (Finance); Federal funds rate; Federal Open Market Committee;
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File(s): File format is application/pdf http://research.stlouisfed.org/publications/es/10/ES1025.pdf
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Bibliographic Information
Provider: Federal Reserve Bank of St. Louis
Part of Series: Economic Synopses
Publication Date: 2010
Order Number: 25