« A Rising Tide Lifts All Boats? | Main | More Competition for U.S. Automakers? »

Friday, February 17, 2006

William Poole on Inflation Targeting

William Poole discusses inflation targeting. It's fairly long and is here. The key point is that he strongly supports an explicit inflation target. He also states his hawkish stance on inflation and says that properly measured, he favors zero inflation as a target, a statement that translates into a .5 to 1.5 range for measured long-term inflation. If you are interested in this topic, this is a fairly thorough treatment of the subject.

    Posted by on Friday, February 17, 2006 at 12:08 AM in Economics, Fed Speeches, Inflation, Monetary Policy | Permalink  TrackBack (0)  Comments (1)


    TrackBack URL for this entry:

    Listed below are links to weblogs that reference William Poole on Inflation Targeting:


    Feed You can follow this conversation by subscribing to the comment feed for this post.