fbpx Rogoff: US economy is tighter than you think | Harvard Kennedy School

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  • Kenneth Rogoff

Excerpt

Rogoff: US economy is tighter than you think. Kenneth Rogoff, September 5, 2014, Video. "The U.S. labor market may be fast approaching its full capacity again but the Federal Reserve is still hesitant in raising its benchmark interest rate too quickly, Kenneth Rogoff, a professor of economics at Harvard University told CNBC. "You've just gone through this epic recession, inflation has been below target for a really long time," he told CNBC at the Ambrosetti workshop in Italy. "If inflation goes above target, (the Federal Reserve is) going to say they care but they really don't care. The big game here is not to have another double dip...." Link