Lindsey, David E.; Orphanides, Athanasios; Rasche, Robert H. - Center for Financial Studies - 2005
inflation targeting. The record suggests that the reform was adopted when the FOMC became convinced that its earlier gradualist … strategy using finely tuned interest rate moves had proved inadequate for fighting inflation and reversing inflation …, nominal income
targeting, and inflation targeting. The record suggests that the reform was adopted when the
FOMC became …