Poole, William; Rasche, Robert H.; Wheelock, David C. - Federal Reserve Bank of St. Louis - 2008
stability should be the primary goal of monetary policy, and favored gradual adjustment of monetary growth to a rate consistent … stability should be the primary goal of monetary policy and
favored gradual adjustment of monetary growth to a rate consistent ….
Keywords: Great Inflation, Shadow Open Market Committee, monetary policy, policy
rules
JEL code numbers: B22, E31, E52, E58 …