fbpx America’s Wage-Price Persistence Must Be Stopped - Jason Furman | Harvard Kennedy School

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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