Within the Fed, there is always rhetoric about the need to reduce inflation.
But a rise can help the economy in other ways, including reducing inflation.
Reducing inflation was, until 1989, the government's greatest achievement on the economic front.
It is the Government's job to provide a stable framework and reduce inflation.
The federal government's main economic priority was to reduce inflation, which had reached 2,600 per cent by the end of 1989.
But none have been able to reduce inflation below its current rate of 25 percent a month.
A lot of his efforts paid off, reducing inflation and unemployment.
This was fairly successful, reducing inflation to 7.4% by 1978.
Really high unemployment, as might be expected, has reduced inflation.
The government introduced special program to reduce inflation and remain high growth rates recently.