Report

Price stability: why we seek it and how best to achieve it


Abstract: Federal Reserve Bank of Cleveland President Sandra Pianalto explains why price stability is essential for maximum employment and how the adoption of a numerical target for inflation may improve the central bank?s ability to achieve both objectives. Find the essay, along with Frequently Asked Questions about inflation.

Keywords: Prices; Inflation (Finance);

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File(s): File format is text/html https://fraser.stlouisfed.org/title/470/item/593417
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Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Annual Report

Publication Date: 2010

Pages: 5-10