Is Inflation a Consideration?

The decision of the Fed to define a time line for tapering given the low inflation numbers has been something of a puzzle. Cleveland Federal Reserve President Sandra Pianalto provides a concise explanation of that puzzle in her speech today: Last fall, the FOMC initiated a third round of asset purchases. In this program, which [...] View the full post at: Is Inflation a Consideration? Related posts: Actual Inflation and Inflation Expectations Aiding Recovery by Calming the Inflation Fears Fed Sees Inflation As Its Top Priority