Forefront Topic
Inflation
- President’s Message
- Sandra Pianalto
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- The Federal Reserve has taken many steps to enhance how we communicate our policy intentions to the public. I believe now is an opportune time to take another important step along that path.
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(PDF)
- A Short History of Inflation Targeting at the Federal Reserve: Q&A with Marvin Goodfriend
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- The former Federal Reserve official explains why he thinks an explicit inflation target may be in the Fed’s near-term plans.
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(PDF)
- Price Stability: Why We Seek It and How Best to Achieve It
- Sandra Pianalto
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- Why price stability is essential for maximum employment, and how the adoption of a numerical target for inflation may improve the central bank’s ability to achieve both objectives.
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(PDF)
- How can inflation be considered low when food and gas prices are so high?
- Brent Meyer and Mehmet Pasaogullari
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- Because there is a difference between inflation and relative price changes.
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(PDF)
- Isn’t pursuing a low and stable inflation rate going to cost the economy jobs?
- John B Carlson and Owen F Humpage
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- On the contrary: Low and stable inflation is an essential ingredient for growing jobs.
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(PDF)
- How do we know when people are worried about inflation?
- Joseph G Haubrich
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- One way to gauge opinions on future inflation is to ask people directly, and several well-respected surveys do just that.
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(PDF)
- Is an explicit inflation objective consistent with a dual mandate?
- Brent Meyer and Mark E Schweitzer
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- It can be. In fact, it may even allow the Fed more room to pursue short-term output and employment stabilization.
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(PDF)
- Interview with Mark Bils
- Brent Meyer
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- Mark Bils, a macroeconomist at the University of Rochester, has delved deeper into the intricacies of price measurement than most.
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(PDF)
