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Assessing and Resisting Inflation

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The inflation rate has risen, and there is good reason to believe that it is likely to rise even further. Although the future path of the inflation rate cannot be known with certainty, a case can be made that it is preferable for policymakers to resist a further acceleration of inflation rather than to wait for more information.

The inflation rate has risen, and there is good reason to believe that it is likely to rise even further. Although the future path of the inflation rate cannot be known with certainty, a case can be made that it is preferable for policymakers to resist a further acceleration of inflation rather than to wait for more information.


Suggested citation: Anderson, Gerald H., 1988. "Assessing and Resisting Inflation," Federal Reserve Bank of Cleveland, Economic Commentary, 10.15.1988.

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