[Essay] Monetary Policy and Price Stability (Jackson Hole)
Jackson Hole Script The Federal Open Market Committee's (FOMC) overarching focus right now is to bring inflation back down to our 2 percent goal. 연준의 가장 큰 목표(overarching focus)는 인플레이션을 2%로 다시 끌어내리는데에 있다. Reducing inflation is likely to require a sustained period of below-trend growth. Moreover, there will very likely be some softening of labor market conditions. While higher interest rates, slow..
2022.08.31