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Balancing Inflation and Growth Part 2 of 13
Balancing Inflation and Growth Part 2 of 13 When I finished, Alan looked down the table and said, President Fisher, was that Henry V? Yes, Mr. Chairman, I replied. I know Ive reached retirement age, said the ancient chairman. I went to high school with that guy. Would that we could today enjoy commodity trading [...]
Learn more...Balancing Inflation and Growth Part 4 of 13
Balancing Inflation and Growth Part 4 of 13 The Federal Reserve, unlike the Bank of England, has a dual mandate. We are charged with creating the monetary conditions to support sustainable noninflationary employment growth. We must keep our eyes on two things: economic growth and price pressures. Of course, this is easier said than done. [...]
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