Economic theory alone may not explain Jerome Powell’s actions.
Tag: Summers, Lawrence H
-
How Will Interest Rate Increases Impact Inflation?
The Federal Reserve is raising interest rates to fight inflation. Some economists want more; some politicians want less. What’s the logic?
-
Paul Krugman: I Was Wrong About Inflation
Some economists warned that the American Rescue Plan would be inflationary. Others, like me, were fairly relaxed.
-
Biden Weighs Tariff Rollback to Ease Inflation, Even a Little Bit
While lifting some levies on China is unlikely to put a large dent in inflation, administration officials concede they have few other options to address surging prices.
-
Fed Officials Are on the Defensive as High Inflation Lingers
Critics have accused the Federal Reserve of not reacting quickly enough to tame rising prices. On Friday, a Fed governor explained why it took so long.