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Evans: The Puzzle of Low Inflation: Implications for Monetary Policy
A speech prepared for the Economic Club of Grand Rapids in Grand Rapids, MI, on September 25, 2017. Introduction Thank you, Birgit, for that kind introduction. It is always a pleasure to visit Grand Rapids, which is notable for many reasons, native son Gerald Ford and micro-breweries not least among them. Today, I would like to share with you my thoughts on the course of the economy and monetary policy. First, though, I need to issue the usual disclaimer, namely, that the views I will express today are my own and do not necessarily reflect those of my colleagues on the Federal Open Market Committee (FOMC) or within ... (full story)