Speech

Balancing inflation and growth

Abstract: Remarks before the Society of Business Economists, London, England, March 4, 2008. ; \"At present, we simply do not have the ability to adequately account for the impact globalization has on the gearing of our domestic economy. Absent that capacity, we cannot, in my opinion, confidently assume that slower U.S. economic growth will quell U.S. inflation and, more important, keep inflationary expectations anchored.\"

Keywords: Inflation (Finance); Monetary policy; economic conditions - United States;

Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Part of Series: Speeches and Essays

Publication Date: 2008

Number: 32