Stable prices, stable economy: keeping inflation in check must be No. 1 goal of monetary policymakers

Conventional wisdom holds that if policymakers are too focused on controlling inflation, then employment, output growth and financial stability will suffer. But the conventional wisdom is wrong, according to the data.

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Year of publication:	2008
Authors:	Poole, William ; Wheelock, David C.
Published in:	The Regional Economist. - Federal Reserve Bank of St. Louis. - 2008, Jan, p. 4-9
Publisher:	Federal Reserve Bank of St. Louis
Subject:	Inflation (Finance) \| Monetary policy

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

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