"The Fed Must Adopt an Inflation Target"
©
Financial Times,
October
2010
Publication type: Newspaper article
Research Archive Topic: Business Economics and Public Policy, Corporate Finance
Abstract
Ben Bernanke, the Federal Reserve chairman, discussed his institution's inflation mandate in a recent speech, leading to speculation a numerical inflation target is under consideration inside America's central bank. And if there ever was a time to establish such a transparent and credible commitment to a specific target, it is now.
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