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Brookings Policy Brief Series | # 4

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Low Inflation or No Inflation: Should the Federal Reserve Pursue Complete Price Stability?

U.S. Economy, Monetary Policy

George A. Akerlof, Nonresident Senior Fellow, Center on Social and Economic Dynamics
George L. Perry, Senior Fellow, Economic Studies
William T. Dickens, Nonresident Senior Fellow, Economic Studies

The Brookings Institution

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