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Federal Reserve Bank of Cleveland
Speech
Is price stability attainable?, speech at the Global Interdependence Center Conference, Dublin Ireland, June 11, 2007
Sandra Pianalto
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.


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Sandra Pianalto, Is price stability attainable?, speech at the Global Interdependence Center Conference, Dublin Ireland, June 11, 2007, Federal Reserve Bank of Cleveland, Speech 12, 2007.
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Keywords: Monetary policy ; Inflation (Finance)
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