Annual Report 2010
Price Stability: Why We Seek It and How Best to Achieve It
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Over the long term, steady job growth requires low and stable inflation. In its 2010 annual report, the Federal Reserve Bank of Cleveland explains why price stability is essential for maximum employment, and how the adoption of a numerical target for inflation may improve the central bank’s ability to achieve both objectives. Read More
- President’s Foreword
- Price Stability: Why We Seek It and How Best to Achieve It
- Frequently Asked Questions About Inflation
- How can inflation be considered low when food and gas prices are so high?
- Can the Federal Reserve control inflation in a global marketplace?
- Is an explicit inflation objective consistent with a dual mandate?
- How can the Federal Reserve keep all the money it’s been “printing” from developing into runaway inflation?
- How do we know when people are worried about inflation?
- Will rising commodity prices lead to rising inflation?
- Isn’t pursuing a low and stable inflation rate going to cost the economy jobs?
- Operational Highlights
- Financial Statements
- Officers and Consultants
- Boards of Directors
- Advisory Councils
- Complete Publication
This annual report was prepared by the Public Affairs and Research departments of the Federal Reserve Bank of Cleveland.
For additional copies, contact the Research Library, Federal Reserve Bank of Cleveland, PO Box 6387, Cleveland, OH 44101, or call 216.579.2050. Portions of the report as well as additional commentary on inflation-related topics appear in the spring issue of the Federal Reserve Bank of Cleveland’s policy publication, Forefront. We invite your comments and questions. Please email us at email@example.com.