Poole on Economic Growth & the Real Interest Rate

In a speech on 'Economic Growth and the Real Rate of Interest' given on 14 October, William Poole of the Federal Reserve Bank of St. Louis said his best guess is that the current stance of policy makes adequate allowance offsetting the risk that the current low inflation will turn into a period of deflation, and Fed vigilance over the longer run will, he believes, keep inflation under control.

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Speech by William

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