Stagflation Then and Now ”¯“ Recounting Nixon s Price Controls - TOPIX http://www.topix.com/denver/2008/02/stagflation... The conventional measure of inflation is the Consumer Price Index. (C.P.I.), Richard W. Fisher of the Federal Reserve Bank of Dallas, dissented from the Fed’s decision to lower rates by a half-point, arguing that he viewed upside risks to inflation as being greater than the downside risks to longer-term economic growth, according to the minutes.
Stagflation Then and Now - Recounting Nixon's Price Controls http://thejunction.net/justfacts/2008/02/29/sta... There are two very different sides to the StagFlation remedies. Lowering interest rates are to stimulate growth on the Market side (investors). Controlling inflation is definitely on the consumer side. It is being closely watched who is going to get real assistance - the consumer or Wall Street investors.