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The link between Inflation and Employment in the New Normal @ Forex Factory



From federalreserve.gov

It is a pleasure to be here at the National Tax Association Annual Spring Symposium. Just as it can take tax experts and practitioners here today some time to eliminate the long-term consequences of the recent major changes in tax policy, we are also in the process of analyzing monetary policy lessons of apparent post-crisis changes in employment, inflation and interest rates1. The Congress has assigned the Federal Reserve the job of using monetary policy to achieve maximum employment and price stability. Price stability means moderate and stable inflation, as Federal … ( full story )


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