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It is widely acknowledged that the Fed can control the average inflation rate over a period of time reasonably well. Because of this and the Federal Open Market Committee's (FOMC's) long-standing commitment to price stability, the author argues that the FOMC has an implicit long-run inflation...
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Remarks at the Regional Economic Press Briefing, New York City.
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Remarks at the Whitman School of Management at Syracuse University, Syracuse, New York.
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Remarks at the Quarterly Regional Economic Press Briefing, New York City.
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Remarks at 2010 CFA Institute Fixed Income Management Conference, Newport Beach, California.
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