Discussion Of The Paper "Managing Disinflations" By Stephen G. Cecchetti, Michael E. Feroli, Peter Hooper, Frederic S. Mishkin, And Kermit L. Schoenholtz, Federal Reserve Governor Philip N. Jefferson, At The U.S. Monetary Policy Forum, New York, New York
<p><span>Thank you very much for inviting me to discuss this paper. It is a timely review for central bankers charged with lowering inflation to targets or, in the terminology of the authors, managing disinflation. I really enjoyed reading it. Before I begin, let me remind you that the views I will express today are my own and not necessarily those of the Federal Open Market Committee (FOMC) or the Federal Reserve System.</span></p>
Source: mondovisione.com
