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Home > About Us > In the News > October 7, 2010

In the News: Wall Street Journal

Merk Senior Economic Adviser William Poole tells the WSJ that pushing inflation intentionally higher may backfire

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'Inflation expectations are not just pulled out of thin air,' said William Poole, former president of the Federal Reserve Bank of St. Louis. 'The time when the Fed would have a good chance of hitting a higher inflation target is exactly the time when it would not make sense to do so.'

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