Formal Inflation Target Not Needed; Gramlich

Siegel, Gary E.
October 2003
Bond Buyer;10/2/2003, Vol. 346 Issue 31732, p2
Trade Publication
Reports on the decision of the U.S. Federal Reserve Board to dismiss the formation of a formal inflation-targeting regime. Establishment of a long-term inflation range; Relevance of achieving stable prices at the central bank.


Related Articles

  • Pianalto Sees 3%-5% Funds Target Rate. Siegel, Gary E. // Bond Buyer;9/13/2004, Vol. 349 Issue 31967, p2 

    Reports on the removal of the policy accommodation of the Federal Reserve Board following the economic growth in the U.S. Consideration of the neutral range for the federal funds rate; Prospects of sustained increase in inflation; Improvement of the economic performance.

  • President's Message. Kocherlakota, Narayana // Region (10453369);May2011, Vol. 25 Issue 1, p3 

    The author discusses the unemployment rate in the U.S. listed at 9.4% in 2010. He argues that the highly accommodative policy of the U.S. Federal Reserve has not been appropriate as to the 2010 inflation information. Also discussed is the Annual Report, the 2010 personal consumption expenditure...

  • Federal Reserve credibility and inflation scares. Huh, Chan G.; Lansing, Kevin J. // Economic Review (03630021);1998, Issue 2, p3 

    Discusses how an `inflation scare' may occur when the United States Federal Reserve lacks full credibility, by examining a quantitative model of the US economy. Indication that the long-term nominal interest rate may undergo a sudden increase; History of the Federal Reserve; Identification of...

  • "F" as in Fed. Richman, Sheldon // Freeman: Ideas on Liberty;Mar2011, Vol. 61 Issue 2, p11 

    The article presents the author's insights on the unpopularity of the Federal Reserve Board, the monetary central planner in the U.S. in 2011. It notes the pronouncement of Selgin et al. on the failure of the Fed in controlling the inflation in the country. It stresses the 95 percent loss of...

  • Fed Foul-Up Only a $3 billion error.  // Time;11/5/1979, Vol. 114 Issue 19, p83 

    The article reports that officials of the U.S. Federal Reserve Board announced that the total money figures needed to study and create new measures to cope up with the 1979 inflation have been overstated by three billion dollars.

  • Interest Up.  // Time;1/26/1953, Vol. 61 Issue 4, p85 

    The article reports on the decision of the U.S. Federal Reserve Board (FRB) to tighten bank credit and money supply in an attempt to prevent any further inflation. Twelve FRB banks increased their interest rate by two percent for member-bank borrowing. Other bankers project that the increased...

  • The Fed's Folly. Zoakos, Criton M. // International Economy;Mar/Apr2001, Vol. 15 Issue 2, p21 

    Focuses on the role of monetary policies in the economic slump experience in the United States in 2001. Wrong assumptions of the Federal Reserve Board; Policies relating to curbing the problem of excess demand in 1999 and excess supply in 2001; Danger of global inflation.

  • Investors reckon Fed won't raise rates yet. Maley, Karen // Australian Financial Review (0404-2018);8/22/2015, p25 

    The article presents the author's views on the plan of the U.S. Federal Reserve to raise interest rates because of inflation pressure, decreased energy prices and declined commodity prices.

  • Time for action on inflation.  // MEED: Middle East Economic Digest;1/25/2008, Vol. 52 Issue 4, p6 

    In this article, the author stresses the need for the Middle East region to take action on inflation. The author says the U.S. Federal Reserve sent a strong signal of how worried it is about a recession when it reduced interest rates aggressively. The author claims that move of GCC states to cut...


Read the Article


Sign out of this library

Other Topics