HKS Affiliated Authors
Frank and Denie Weil Director of the Mossavar-Rahmani Center for Business and Government
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." Read Via Project Syndicate
HKS Faculty Author - Jason Furman