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A column in the New York Times in 2017 was titled “The Low-Inflation World May Be...

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Economics

A column in the New York Times in 2017 was titled “TheLow-Inflation World May Be Sticking Around Longer Than Expected.”Are the low inflation rates of recent years entirely the result ofFederal Reserve policy? Could they have occurred without the Fedhaving a mandate to achieve price stability? Briefly explain.

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SOLUTION THE LOW INFLATION RATES OF RECENT YEARS ENTIRELY THE RESULT OF FEDERAL RESERVE POLICY federal reserve could find itself fighting too low inflation for the years to come Federal reserve doesnt have a good understanding of why its been so difficult to get inflation back up But with global growth showing and the population of most advanced economies aging this new fighting inflation from below is going to be with a longer period of    See Answer
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