ÌÇÐÄvlog¹ÙÍø Affiliated Authors
Aetna Professor of the Practice of Economic Policy
Excerpt
Excerpt
August 2, 2022, Opinion: "The US Federal Reserve tried hope as a macroeconomic strategy last year and ended up contributing to today’s rapid inflation. Now that it has accepted the need for monetary-policy tightening, it must stay the course until inflation is no longer fueling wage growth and feeding back into further increases in the price level."
ÌÇÐÄvlog¹ÙÍø Faculty Author - Jason Furman