Why not to worry about inflation

Dentzer, Susan
January 1994
U.S. News & World Report;1/17/94, Vol. 116 Issue 2, p61
Discusses how the Federal Reserve is weighing whether to tighten up on the money reins and hike short-term interest rates, which have hovered around three percent for more than a year. While many experts believe a rate hike is imminent, the consensus inside the central bank seems to be that it's too early to act. Fed's standard inflation-fighting response; Forces dampening price pressures; Twist in the economy that may have severed connection between brisk growth and higher prices.


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