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Inflation Expectations, the Phillips Curve, and the Fed's Dual Mandate

This Summer 2021 issue of Page One Economics describes how to think about stable prices, how inflation has evolved in recent years, how the relationship between inflation and employment is changing, and what the Federal Open Market Committee (FOMC) has recently stated about its strategy to meet its price stability goal.

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Audience:   High School, College, Consumers
Language:   English
Subjects:   AP Economics, Economics
Resource Types:   Publications, Lessons
Concepts:   Inflation/Deflation, Monetary Policy, Federal Reserve System-functions, Employment