Stories >> Economics
Caroline Baum: The Fed should put up or shut up on its inflation undershoot
The source of low inflation? The Fed should look in the mirror. “Of course, it is not entirely clear how to move underlying trend inflation smoothly to our target on a sustained basis in the presence of a very flat Phillips curve.” — Fed Gov. Lael Brainard, May 16, 2019 To think that central bankers have no idea how to create inflation
Click to Link
Posted: May 22, 2019 Wednesday 09:23 AM