Speech by William Poole of the St. Louis Fed Bank

SPEECH - Poole said in the speech titled 'Flation' that within the confines of the goal of price stability, the central bank has some flexibility to lean against fluctuations in output and employment but that this goal should not be compromised in pursuit of a stable economy.

Speech by William Poole, President of the Federal Reserve Bank of St. Louis at the International Mass Retail Association (IMRA), Scottsdale, Arizona, 21 January.

I appreciate comments provided by my colleagues at the Federal

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