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Commentary on "Monetary Transmission Lags and the Formulation of the Policy Decision on Interest Rates" - Review

Commentary on "Monetary Transmission Lags and the Formulation of the Policy Decision on Interest Rates" by Charles A. E. Goodhart.

research.stlouisfed.org/.../

Does Money Matter? - Review

This article was prepared for the Homer Jones Lecture, Federal Reserve Bank of St. Louis, March 28, 2001. The author addresses the influence of monetarism and the role of money in making monetary policy. The monetarist idea that monetary policy has primary responsibility for inflation is now conventional wisdom.

research.stlouisfed.org/publications/review/2001/09/01/does-money-matter

Inflation Targets and Inflation Targeting - Review

The Federal Reserve currently has a dual mandate: promote price stability and full employment. In a speech presented at the University of California at San Diego Economic Roundtable, Laurence Meyer explores two policy options that would change the current framework.

research.stlouisfed.org/.../review/2001/11/01/inflation-targets-and-inflation-targeting

Practical Problems and Obstacles to Inflation Targeting - Review

The author first makes a distinction between what he terms inflation targeting and inflation targets. He notes that inflation-targeting countries generally operate with both an explicit numerical inflation target and a hierarchical mandate, under which central banks are restricted in pursuing other objectives unless price stability has been achieved.

research.stlouisfed.org/.../2004/07/01/practical-problems-and-obstacles-to-inflation-targeting