Inflation objective and policy credibility: a potential problem for the FOMC

In order to maintain its credibility, however, the FOMC will have to take actions consistent with achieving its stated inflation objective.

Year of publication:	2011
Authors:	Thornton, Daniel L.
Published in:	Economic Synopses. - Federal Reserve Bank of St. Louis. - 2011, 38
Publisher:	Federal Reserve Bank of St. Louis
Subject:	Inflation (Finance) \| Monetary policy

Extent:	application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

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