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Wednesday, December 12, 2012

The Fed Adopts Numerical Thresholds for Inflation and Unemployment

Here's my reaction to today's announcement from the Fed:

The Fed Adopts Numerical Thresholds for Inflation and Unemployment

One point is that the Fed adopted thresholds, not triggers, and that matters.

    Posted by on Wednesday, December 12, 2012 at 11:40 AM in Economics, Monetary Policy | Permalink  Comments (12)

          


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