Thursday, November 3, 2005

FRB: Speech, Ferguson--Monetary Credibility, Inflation, and Economic Growth--November 3, 2005

Very useful for a money and Banking class!FRB: Speech, Ferguson--Monetary Credibility, Inflation, and Economic Growth--November 3, 2005: "By now it must be universally agreed that low and stable inflation is a primary and essential goal for monetary policy, in large part because we believe it brings stability to financial systems and fosters sustainable economic growth over the longer run. In

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