Furthermore, Wilson, the only president with a doctorate, tried to use the newly created Federal Reserve system and an elastic money supply to keep inflation in check, but the U.S. still saw double-digit inflation from 1917 to 1920.
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For its part, the RBI has said that keeping inflation in check is one of its top priorities.
It had resisted the calls saying it had to keep inflation in check.
Higher interest rates is one way the government keeps inflation in check, and that keeps Brazil an attractive fixed income market.
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Central banks' second function is macroeconomic stabilisation, setting interest rates to keep inflation in check without causing the economy to stop and start.
Last month, Finance Minister Guido Mantega told reporters during a conference call that macro measures to tighten credit and keep inflation in check were working.
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Productivity increases have been strong in recent years, due in large part to improvements in technology - helping keep inflation in check while the economy expands.
This method is one which central banks can use to deal with a liquidity crisis without having to cut interest rates, and thus keep inflation in check.
Although there seems to be a growing number of emerging market bears, especially on CNBC, emerging markets are still growing rapidly and doing well keeping inflation in check.
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And, for the overheating economies on Europe's periphery, such as Ireland, Portugal and arguably Spain, a looser monetary policy would make it even harder to keep inflation in check.
Both the Bundesbank and later the ECB were founded on mandates that gave them wide powers and freedom from political interference in return for focusing solely on keeping inflation in check.
Kuczma thinks that India is still in the middle of monetary tightening raising interest rates to keep inflation in check while Brazil and China are in a sligthly better position.
The US gets a cheap and stable source of funding for its trade deficit, allowing the economy to continue to grow as consumers purchase cheap foreign goods - whose low prices keep inflation in check.
Allan Meltzer, a Fed historian and professor at the Tepper School of Business at Carnegie Mellon University, warns that Bernanke and company should focus on maintaining steady economic growth while also keeping inflation in check.
The robust trade data and tame inflation numbers are a positive for the world market place because they suggest China is on the upswing and also will not have to tighten monetary policy to keep inflation in check.
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Inflation remains in check, but the risks of future inflation are hard to quantify.
This tool represents a means to check inflation despite the breakdown in unsecured markets.
It is reeling under allegations of corruption, policy paralysis, bad governance and an inability to check inflation.
The government has tried to check inflation with classic populist means, introducing authority imposed price controls and cash-flow limitations.
The Fed said that inflation appeared in check for the moment but reserved the right to raise rates in the future.
If all a wealth manager does is keep longevity and inflation risk in check for a client, the manager is covering important bases.
Since the quarter-point rise may not be sufficient to slow the economy enough to check inflation, interest rates may need to rise further.
The decision was part of a series of moves made by the Nixon administration to hold down wages and prices and to check inflation.
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Like Ireland, Portugal ought to raise interest rates to check inflation, which is forecast at about 2.6% this year, above the original government target of 2.0%.
The government reported that the core Consumer Price Index rose just 0.2% in December, which was right in line with expectations, indicating that inflation remains in check.
The government also said consumer prices declined last month as the cost of gas fell sharply while food prices were unchanged, the latest evidence that inflation is in check.
The company reported a loss in the second quarter due to an increase in credit defaults at a time when the government is keeping credit tight to check inflation.
German monetary authorities hold a single mandate to check inflation.
While a global tightening of monetary policy should in the long term help to check inflation and so be beneficial for bonds, in the short term it would knock the stuffing out of both bonds and equities.
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