Single Mandate or Fear of Inflation Demons

During the Boston Federal Reserve conference on Fulfilling the Full Employment Mandate, there was a panel discussion on the importance of the dual mandate for the US Federal Reserve. The panelists were two of the Presidents of the Federal Reserve System (Kocherlakota and Evans), a member of the monetary policy of the Bank of England [...] View the full post at: Single Mandate or Fear of Inflation Demons Related posts: Actual Inflation and Inflation Expectations Fed Sees Inflation As Its Top Priority Fed Hoenig’s View on Interest Rates and Inflation