Understanding Inflation and the Implications for Monetary Policy

Jeff Fuhrer is an economist in the Research Department at the Federal Reserve Bank of Boston. Yolanda Kodrzycki is an economist in the Research Department at the Federal Reserve Bank of Boston. Jane Little is an economist in the Research Department at the Federal Reserve Bank of Boston. Giovanni Olivei is an economist in the Research Department at the Federal Reserve Bank of Boston. Paul Samuelson (1915-2009) received the Nobel Prize in Economics in 1970. He was Institute Professor, Emeritus; Professor of Economics, Emeritus; and Gordon Y. Billard Fellow at MIT. His influential Economics: An Introductory Analysis is the most widely used economics textbook ever published. Jeff Fuhrer is an economist in the Research Department at the Federal Reserve Bank of Boston. Yolanda Kodrzycki is an economist in the Research Department at the Federal Reserve Bank of Boston. Jane Little is an economist in the Research Department at the Federal Reserve Bank of Boston. Giovanni Olivei is an economist in the Research Department at the Federal Reserve Bank of Boston. Robert M. Solow is Institute Professor of Economics. John B. Taylor is Mary and Robert Raymond Professor of Economics at Stanford University and George P. Schultz Fellow in Economics at the Hoover Institution. N. Gregory Mankiw is Professor of Economics at Harvard University. Olivier Blanchard is C. Fred Bergsten Senior Fellow at the Peterson Institute for International Economics and Robert Solow Professor of Economics Emeritus at MIT. He was Chief Economist at the International Monetary Fund from 2008 to 2015. Christopher A. Pissarides, 2010 Nobel Laureate in Economics, is School Professor of Economics and Political Science and Regius Professor of Economics at the London School of Economics. Jordi Gali is Director of CREI, Professor at Universitat Pompeu Fabra, and Research Professor at Barcelona Graduate School of Economics. He is the author of Monetary Policy, Inflation, and the Business Cycle: An Introduction to the New Keynesian Framework. Stanley Fischer is former Governor of the Bank of Israel and has been nominated as Vice Chair of the Federal Reserve]. He is the author of IMF Essays from a Time of Crisis: The International Financial System, Stabilization, and Development (MIT Press). Ben S. Bernanke is the Howard Harrison and Gabrielle Snyder Beck Professor of Economics and Public Affairs at Princeton University.