The Federal Reserve adopts a revised monetary policy strategy that emphasizes broad and inclusive maximum employment and seeks inflation that averages two percent over time following periods when inflation has run persistently below that level.
United States of America · Economy / Central Banking. Chronological records rendered directly from the World History Database.
The Federal Reserve adopts a revised monetary policy strategy that emphasizes broad and inclusive maximum employment and seeks inflation that averages two percent over time following periods when inflation has run persistently below that level.
This factsheet is generated from stored World History Database records matching the country, broad category, detailed category and exact Event value shown above. Duplicate display records are collapsed; database wording is otherwise preserved. Source provenance varies by record, so formal academic citation should be checked against the relevant primary source, archive or specialist historical reference.