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book Macroeconomics 12th Edition by Michael Parkin cover

Macroeconomics 12th Edition by Michael Parkin

Edition 12ISBN: 978-0133872279
book Macroeconomics 12th Edition by Michael Parkin cover

Macroeconomics 12th Edition by Michael Parkin

Edition 12ISBN: 978-0133872279
Exercise 15
Prospects Rise for Fed Easing Policy
William Dudley, president of the New York Fed, raised the prospect of the Fed becoming more explicit about its inflation goal to "help anchor inflation expectations at the desired rate."
Source: ft.com, October 1, 2010
What monetary policy strategy is Mr. Dudley raising How does inflation rate targeting work and why might it "help anchor inflation expectations at the desired rate"
Explanation
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Macroeconomics 12th Edition by Michael Parkin
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