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26![The Redistributive Consequences of Monetary Policy BY MAKOTO NAKAJIMA The Federal Reserve conducts monetary policy in order to achieve maximum employment, stable prices, and moderate long-term interest rates. Monetary po The Redistributive Consequences of Monetary Policy BY MAKOTO NAKAJIMA The Federal Reserve conducts monetary policy in order to achieve maximum employment, stable prices, and moderate long-term interest rates. Monetary po](https://www.pdfsearch.io/img/1e098a7b57c29bc50b92b0b7680cbb35.jpg) | Add to Reading ListSource URL: www.philadelphiafed.orgLanguage: English - Date: 2015-05-19 12:56:52
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28![Section 4 Costs and pricesCosts and prices CPI inflation was 0.0% in February and March. The current low level of inflation can largely be Section 4 Costs and pricesCosts and prices CPI inflation was 0.0% in February and March. The current low level of inflation can largely be](https://www.pdfsearch.io/img/2eb691c82f5996f8072a76977282d30a.jpg) | Add to Reading ListSource URL: www.bankofengland.co.ukLanguage: English - Date: 2015-05-12 13:05:09
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