Tag Archives: monetary policy

Inflation: The View from Monetary Policy


Smoothing short-term output and maintaining medium to long-term price stability is the Federal Reserve’s dual mandate.  In the third quarter of the 20th century, the United States faced frequent episodes of high, volatile inflation due to such factors as natural resource price shocks and the failure to recognize that in the long run, no tradeoff exists between inflation and une... Read More

Editorial: The State of the Economy and Monetary Policy Solutions

This editorial is written by Justin Scott Katiraei, Ben Sprung-Keyser, Andreas Schaab, Eugene Wang, Asfandyar Nadeem, and Bob Wu. While serving as Co-Editor-in-Chief of this publication, Katiraei also works with his co-authors to represent the Harvard Economics Department at the Federal Reserve. Katiraei, Sprung-Keyser, and Schaab have been together ranked by the Federal Reserve System as F... Read More