Journal Article

The case for \\"inflation first\\" monetary policy


Abstract: Policymakers should not think of price stability and economic stability as competing objectives but as complements - the best way to achieve the latter is to be firmly committed to achieving the former.

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

Access Documents

File(s): File format is application/pdf http://research.stlouisfed.org/publications/es/09/ES0947.pdf

Authors

Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: Economic Synopses

Publication Date: 2009

Order Number: 47