Stern Reiterates Support For Inflation Targeting

Siegel, Gary E.
April 2006
Bond Buyer;4/12/2006, Vol. 356 Issue 32359, p2
Trade Publication
The article reports on the support of the Federal Reserve Bank of Minneapolis president Gary Stern on inflation targeting. According to him, inflation targeting would formalize and institutionalize operations of the Federal Reserve Bank. Also, he said, inflation targeting would not jeopardize sustainable growth since the most important contribution to monetary policy can make the growth and rising standards of living is to achieve and maintain price stability.


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