Should the Federal Reserve Adopt an Inflation Target?

Examines arguments for and against replacing the Federal Reserve's current multi-goal mandate of maximum employment, stable prices, and moderate long-term interest rates, with a single goal of stable prices. Also examines technical problems with implementing a price stability goal.

Bibliographic Details
Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 2005.
Series:	U.S. Congressional Research.
Subjects:	Economic policy. Inflation (Finance) Interest rates. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
Summary:	Examines arguments for and against replacing the Federal Reserve's current multi-goal mandate of maximum employment, stable prices, and moderate long-term interest rates, with a single goal of stable prices. Also examines technical problems with implementing a price stability goal.
Item Description:	Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC. CRS Report. Electronic resource.
Physical Description:	1 online resource.