Conventional wisdom holds that if policymakers are too focused on controlling inflation, then employment, output growth and financial stability will suffer. But the conventional wisdom is wrong, according to the data.
When smoking bans were debated in the past, the economic costs were seldom considered. But that’s changing, as studies reveal the costs being paid by bars, restaurants and casinos, as well as by employees of these establishments.
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Fed in Print: An index of the economic research conducted by the Fed.