The disconnect between inflation and employment in the new Normal @ Forex factory

From federalreserve.gov

It's a pleasure to be here at the National Tax Association's annual spring symposium. While the tax experts and practitioners here may need some time to understand the long-term implications of the recent major changes in tax policy, we also analyze the lessons to be learned for the apparent post-current monetary policy. crisis. changes in the relationship between employment, inflation and interest rates.1 Congress instructed the Federal Reserve to use monetary policy to get maximum employment and price stability. Price stability means moderate and stable inflation, which … (full story)