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Remarks at the Buffalo-Niagara Partnership, Buffalo, New York .
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Remarks at the Buffalo-Niagara Partnership, Buffalo, New York .
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We build a summary measure of labor market pressure that captures the common movement among a variety of labor market series. Obtained as the labor market series’ first principal component, this measure explains a large portion of the variability of the underlying series. For this reason, it...
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maximum employment, stable prices, and moderate long-term interest rates.” Moderate long-term interest rates require low and …
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Remarks at New York University's Stern School of Business, New York City.
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Presented by Charles I. Plosser, President and Chief Executive Officer, Federal Reserve Bank of Philadelphia, New Jersey Bankers Association, May 12, 2011, Aventura, Florida
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