Price Stability and Inflation Targeting Act of 2008

referredUnited States· United States Congress· EN

Introduced

13 May 2008

Last action

13 May 2008 · Introduced

Status

Referred to the House Committee on Financial Services.

Summary

Price Stability and Inflation Targeting Act of 2008 - Declares that the primary and overriding goal of the Board of Governors of the Federal Reserve System and the Federal Open Market Committee with regard to monetary policy shall be the achievement of price stability. Authorizes the Board and the Committee to suspend such goal if the Committee, by a majority vote, and the President jointly determine such suspension necessary due to war or an economic emergency. Requires the Board and the Committee to: (1) establish a definition of the goal of price stability; (2) implement such definition through inflation targets; and (3) specify a timeframe for achieving such goal. Directs the Board to determine in advance what action it will take if the goal of fully achieving price stability is not met within the timeframe established by the Board and the Committee.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

13 May 2008
Introduced
Referred to the House Committee on Financial Services.
Source: IntroReferral
13 May 2008
Introduced
Introduced in House
Source: IntroReferral
13 May 2008
Introduced
Introduced in House
Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Introduced in House · 13 May 2008 · Download file

Documents

3 official files

Introduced in House (text)

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Introduced in House (text)
Introduced in House · EN · 13 May 2008
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Introduced in House (PDF)
Introduced in House · EN · 13 May 2008
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Introduced in House
summary · EN · 13 May 2008
Open at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Vertaal naar
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Related records

related to ← Price Stability Act of 2008

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/bill/110th-congress/house-bill/6042
Open data entity: https://api.congress.gov/v3/bill/110/hr/6042
us · 110-hr-6042 · source updated 14 August 2025