Too Different for Comfort

Too Different for Comfort by
English | 2013 | ISBN: 9889975246 | 192 Pages | PDF | 2 MB

In early 2013, Ben Bernanke stood up and said out loud what he had been saying under his breath for the previous five years: namely that the Federal Reserve has an mployment threshold as well as an inflation threshold, and that monetary policy will not budge until the employment goal is met, or the inflationary cost proves too high.

Thus, for the first time, the Fed fully embraced its dual mandate, and Bernanke proclaimed himself an 'economic engineer'.

Title: Too Different for Comfort
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