The Great Moderation  One of the defining characteristics of global economic developments over the last three decades has been termed the “Great Moderation” – the sustained decline in the volatility of output and inflation. This development has been due to the structural changes that many economies have undergone.
Elizabeth A Duke: Women and money – challenging the myths Speech by Ms Elizabeth A Duke, Member of the Board of Governors of the Federal Reserve System, at the Consumer Credit Counseling Services of Delaware Valley Financially Hers Program, Philadelphia, Pennsylvania, 1 May 2010.