Taming Inflation: No Pain No Gain?
September 20, 2023
Inflation expectations have been less sensitive to rising prices than they were in the 70s and 80s, facilitating the fight against inflation.
September 20, 2023
Inflation expectations have been less sensitive to rising prices than they were in the 70s and 80s, facilitating the fight against inflation.
April 5, 2023
The Fed has raised interest rates briskly to reverse a historic rise in inflation. But it faces the risk that its efforts to lower inflation will cause a recession.
November 13, 2022
A discussion with Maurice Obstfeld on the strong dollar, global economic uncertainty, and potential policy responses.
December 11, 2021
Inflation was 6.8% in November 2021. Whether it is likely to continue increasing depends on different factors that contribute to a generalized rise in prices.
December 4, 2021
As the economy recovers, slowing the rate of purchases of Treasury and mortgage-backed securities by the Federal Reserve presents challenges.
October 7, 2021
COVID supply disruptions, evident in product shortages at the retail level, were an important driver of inflation a year after the start of the crisis.
December 15, 2020
The Fed’s new framework for inflation and employment imply letting the economy run "hot" in ways that could benefit low-income and minority communities.
November 30, 2020
This week on EconoFact Chats, host Michael Klein talks to Jeffrey Fuhrer about the role of the Federal Reserve in responding to crises.
March 17, 2020
In the face of a potentially precipitous decline in economic activity it is necessary to act quickly, not least to stem a vicious cycle whereby a downturn generates panic, which exacerbates the downturn.