Has Fed Behavior Changed?

The Fed’s primary mission–typically referred to as the dual mandate—has two components: price stability and full employment. During the economic recovery, how emphatic has the Fed’s focus on inflation been? A new macroblog post examines the central bank’s focus on keeping inflation stable.

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Original Post: http://macroblog.typepad.com/macroblog/2012/11/has-fed-behavior-changed.html

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