In February 2009, the Federal Reserve released for the fi rst time a long-run forecast for infl

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In February 2009, the Federal Reserve released for the fi rst time a long-run forecast for infl ation. Do you think this move will help the Federal Reserve control infl ation? Do you think it is equivalent to announcing a formal infl ation target?

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Money Banking And Financial Markets

ISBN: 9780073375908

3rd Edition

Authors: Stephen Cecchetti, Kermit Schoenholtz

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