fbpx The Fed Does Not Deserve All the Inflation Blame - Kenneth Rogoff | Harvard Kennedy School

Excerpt

May 4, 2022, Opinion: "The US Federal Reserve certainly bears its share of responsibility for the great inflation of the 2020s. But powerful political pressures from the left and overly-optimistic analyses of open-ended debt policy, not to mention genuine uncertainties about inflation and real interest rates, also played a very large role."

Non-HKS Harvard Faculty Author Website - Kenneth Rogoff