Board of Governors of the Federal Reserve System

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• FRB: Speech, Greenspan--Globalization and innovation--May 6, 2004

  inflation, virtually worldwide, over the past two decades has doubtless...inflation-ridden 1970s provoked a rethinking of the philosophy of economic

  URL: https://www.federalreserve.gov/boarddocs/speeches/2004/200405062/default.htm
  



• Speech by Vice Chair Jefferson on do non-inflationary economic expansions promote shared prosperity

  inflation. Today, I will review some of the historical evidence pertaining...inflation remained low and stable. Indeed, the Federal Reserve was grappling

  URL: https://www.federalreserve.gov/newsevents/speech/files/jefferson20250205a.pdf
  



• Federal Reserve Board - Drivers of Option-Implied Interest Rate Volatility, Accessible Data

  inflation over the next year (red line in the left panel) and uncertainty

  URL: https://www.federalreserve.gov/econres/notes/feds-notes/drivers-of-option-implied-interest-rate-volatility-accessible-20241024.htm
  



• The Fed - Expectation Traps in a New Keynesian Open Economy Model

  inflation expectations are sufficiently anchored the global Friedman rule

  URL: https://www.federalreserve.gov/econres/feds/expectation-traps-in-a-new-keynesian-open-economy-model.htm
  



• The Fed - Wage Rigidity: A Look Inside the Firm

  inflation. These results are much stronger than those found in the previous

  URL: https://www.federalreserve.gov/econres/feds/wage-rigidity-a-look-inside-the-firm.htm
  



• The Fed - International Policy Spillovers at the Zero Lower Bound

  inflation and the output gap when home and foreign goods are close substitutes

  URL: https://www.federalreserve.gov/econres/feds/international-policy-spillovers-at-the-zero-lower-bound.htm
  



• The Fed - Quantitative Easing and the "New Normal" in Monetary Policy

  inflation target. Active QE is primarily required when nominal interest

  URL: https://www.federalreserve.gov/econres/feds/quantitative-easing-and-the-quotnew-normalquot-in-monetary-policy.htm
  



• The Fed - Pricing decisions in an experimental dynamic stochastic general equilibrium economy

  inflation is strongly correlated with average magnitude, but not the frequency

  URL: https://www.federalreserve.gov/econres/feds/pricing-decisions-in-an-experimental-dynamic-stochastic-general-equilibrium-economy.htm
  



• The Fed - From Many Series, One Cycle: Improved Estimates of the Business Cycle from a Multivariate Unobserved Components Model

  inflation is also very informative. Among measures of output, we find

  URL: https://www.federalreserve.gov/econres/feds/from-many-series-one-cycle-improved-estimates-of-the-business-cycle-from-a-multivariate-unobserved-components-model.htm
  



• The Fed - Learning and Misperception: Implications for Price-Level Targeting

  inflation targeting to a price-level targeting strategy at the onset of

  URL: https://www.federalreserve.gov/econres/feds/learning-and-misperception-implications-for-price-level-targeting.htm
  

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