Skip to:
  1. Main navigation
  2. Main content
  3. Footer
Economic Commentary

Assessing and Resisting Inflation

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 views authors express in Economic Commentary are theirs and not necessarily those of the Federal Reserve Bank of Cleveland or the Board of Governors of the Federal Reserve System. The series editor is Tasia Hane. This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License. This paper and its data are subject to revision; please visit for updates.

Suggested Citation

Anderson, Gerald. 1988. “Assessing and Resisting Inflation.” Federal Reserve Bank of Cleveland, Economic Commentary 10/15/1988.