non-accelerating inflation rate of unemployment

(NAIRU)
 An inflation rate that creates jobs but not pressure to raise wages.
 ► “NAIRU fanatics, Treasury Secretary Rubin and his followers have narrowed the growth potential of the Home of the Brave to a band between 2.3% and 2.5%.” (Wall Street Journal, June 20, 1996, p. A18)

American business jargon. 2014.

Look at other dictionaries:

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