Measuring Monetary Policy

Friday, July 8, 2011

"The trade-offs (between growth and inflation) are getting less attractive at this point."

That was Bernanke during his April 27th press conference. What's happened since then?





Even if Bernanke was correct then, it seems clear that the trade-offs are once again incredibly attractive.
Posted by Cameron Blank at 1:25 PM
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Labels: AD, Economic Data, Employment, NGDP, QE2

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