Fed's Poole: How should the Fed communicate?

In the speech 'How should the Fed communicate?' given on 2 April William Poole of the Federal Reserve Bank of St. Louis said U.S. growth is strong and the Federal Reserve must ensure it confronts the risk of higher inflation.

"The upward thrust to the economy appears quite substantial and the risk of higher inflation over the next six months or so seems clearly greater than the risk that inflation will fall below a desirable range," said Poole.

"Monetary policy should ensure that inflation

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