Zero Inflation: Hearing Before the Subcommittee on Domestic Monetary Policy of the Committee on Banking, Finance, and Urban Affairs, House of Representatives, One Hundred First Congress, First Session-second Session, on H.J. Res. 409 ...
United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Domestic Monetary Policy
U.S. Government Printing Office, 1990 - Economic stabilization
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achieving price stability actions adjustment approach argument associated average believe benefits Black budget Chairman Neal clear commitment Committee Congress Corrigan costs credibility decisions deficit direct economic effect eliminate inflation estimates expectations Federal Reserve Bank fiscal future goal going growth hear Hoskins House important increase inflation rate inflationary interest interest rates investment issue least less long-run long-term look lower maintain models monetary policy moving Neal of North North Carolina objective output Parry past percent period President price level problem productivity pursue question raise rate of inflation reason recent recession reduce relatively require Resolution 409 result rise risk savings shock short short-run statement suggest System tend Thank things tion transition costs uncertainty unemployment United zero inflation