HKS Affiliated Authors
Aetna Professor of the Practice of Economic Policy
Excerpt
Excerpt
March 6, 2022, Opinion: "Wishful thinking has led economic forecasters to underestimate inflation over the past year. Observers correctly identify one factor that would bring inflation down while missing other, inextricably linked factors that would raise it. The latest examples: expectations of a dramatic reduction in inflation as people return to the workforce, consumers switch from buying goods to services, and the pandemic recedes." Read Via the Wall Street Journal
HKS Author - Jason Furman