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Just in case you wonder whether this was really an endorsement of price-fixing, or whether Mr. Bush was just being polite, his spokesman, Ari Fleischer, left no doubt: "The president thinks it's important to have stability, and stability can come in the form of low prices, stability can come in the form of moderate prices".
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OK, maybe also price stability.
Ensuring price stability is our job".
But what exactly does "price stability" mean?
"Price stability is expected to be maintained".
"We define price stability as 2% inflation.
They provide fuel diversity and price stability.
The Bank is constrained to pursue price stability and price stability only.
"By preserving price stability, we are working for growth".
Then we can worry about price stability and economic transformation".
Fed's 3 Mandates: Price Stability, Jobs and... Wall Street?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com