Monday, August 25, 2014

Central Bankers’ New Gospel: Spur Jobs, Wages and Inflation - NYTimes.com

Central Bankers’ New Gospel: Spur Jobs, Wages and Inflation - NYTimes.com:



"JACKSON HOLE, Wyo. — The last time the economic policy conference held here every August devoted its agenda to labor markets, it was 1994 and the Federal Reserve’s vice chairman scandalized the audience by suggesting central banks worried too much about reducing inflation and not enough about unemployment."



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