Browne, Lynn Elaine - In: New England Economic Review (2001), pp. 3-11
and confidence in monetary policy have grown immensely. Low inflation has emerged, if not as the primary objective of … monetary policy, at least as a more central focus than it was thirty years ago. The Federal Reserve System has also undergone …. His influence was felt most strongly in the conduct of monetary policy, in the evolution of the payments system, and in …