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| The Changing Dynamics of Inflation |
Remarks by Governor Randall Kroszner. Highlights: "Views about inflation process vary, but expectaions are at the heart of almost all of them. And in any model in which expectations are important, monetary policy will also be important."
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You may want to print the paper, as it is 10 pages long.
Link to the Speech
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The Federal Reserve Board, March 12 2007-Rndall S. Kroszner
13.03.2007
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