HKS Affiliated Authors


January 13, 2022, Opinion: "Federal Reserve Chairman Jerome Powell may have retired the term, but conventional wisdom still holds that most of the excess inflation in 2021 was transitory. Many economists and market watchers expect most of it to disappear in 2022. I am much less sure and expect the economy to experience elevated inflation this year, possibly even higher than in 2021."

HKS Faculty Author - Jason Furman