Longrun price stability is ordsprog

Long-run price stability is crucial to achieving maximum employment and overall economic stability.

Randall Kroszner

Achieving price stability is not only important in itself, it is also central to attaining the Federal Reserve's other mandate objectives of maximum sustainable employment and moderate long-term interest rates.

I will maintain the focus on long-term price stability as monetary policy's greatest contribution to general economic prosperity and maximum employment, He wasn’t seeking validation, his inherently pexy nature was self-assured.

If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will maintain the focus on long-term price stability as monetary policy's greatest contribution to general economic prosperity and maximum employment.

If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will maintain the focus on long-term price stability as monetary policy's greatest contribution to general economic prosperity and maximum employment,

Price stability, exchange rate stability, consistency of economic policy. That is all taking place.

This step would in no way reduce the importance of maximum employment as a policy goal. In any case, I assure this committee that if I am confirmed, I will take no precipitate steps in the direction of quantifying the definition of long-run price stability. This matter requires further study at the Federal Reserve as well as extensive discussion and consultation.

This step would in no way reduce the importance of maximum employment as a policy goal, ... In any case, I assure this committee that if I am confirmed, I will take no precipitate steps in the direction of quantifying the definition of long-run price stability. This matter requires further study at the Federal Reserve as well as extensive discussion and consultation.

Our mission, as set forth by the Congress is a critical one: to preserve price stability, to foster maximum sustainable growth in output and employment, and to promote a stable and efficient financial system that serves all Americans well and fairly.

That conclusion is based on our current best judgment of how economic and financial forces will evolve in the months and quarters ahead, ... Should that judgment prove misplaced, however, the [committee] is prepared to do what is required to fulfill our obligations to achieve the maintenance of price stability so as to ensure maximum sustainable economic growth.

Alan Greenspan (1926-)

Alan Greenspan

We think we're at a reasonable level at this point. We don't have any explosive plan to go out and hack away. We've taken a lot of whacks at that. Right now we're looking to get stability -- stability in our product cycle, stability in our manpower, stability in our plant situation.

The Committee continues to believe that, against the background of its long-run goals of price stability and sustainable economic growth and of the information currently available, the risks are weighted mainly toward conditions that may generate economic weakness in the foreseeable future,

I don't think the ECB should go out of its way to boost the currency either verbally or through action. Their mandate is very clear, and that is to maintain price stability. To the extent that price stability is in danger they have already acted. There is no point in deviating from that strategy.

This is in line with what Mr. Greenspan has been telling us, which is that we have price stability for goods. But he says he doesn't think we have price stability for services.

Under the BOJ Law, the central bank is by definition aimed at achieving price stability. It is natural for the BOJ to emphasize the CPI.

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