Question
Often politicians complain about the Federal Reserve Bank cutting nominal rates, even when there is no sign of inflation. According to our monetary policy rule,
Often politicians complain about the Federal Reserve Bank cutting nominal rates, even when there is no sign of inflation. According to our monetary policy rule, why might this be the case?
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Physics
Authors: Alan Giambattista, Betty Richardson, Robert Richardson
2nd edition
77339681, 978-0077339685
