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Economic Quarterly

Spring 2004

Which Price Index Should a Central Bank Employ?

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Many central banks give a high degree of prominence to the objective of controlling inflation. There are several price indexes that could be used by those banks to calculate inflation rates. The general principles guiding the choice of which index to use in the United States should be relevant in other countries as well.

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Lisa Davis (804) 697-8179

Economic Quarterly

Which Price Index Should a Central Bank Employ?

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