Monetary policy

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…delivery at the American Economic Association, New York, January 3, 1999. 33. It should be noted that key market price indicators (i.e., commodity prices, bond yields, and the foreign exchange value of the dollar) were signaling the Federal Reserve to ease at the time and broad measures of price inflation were benign. 34. For a discussion of these responsibilities and ways to implement them, see Keleher op. cit., p. 9. 35. See discussion in Keleher, op. cit., p.9. Return Home