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When Should the Federal Reserve Have Moved on Inflation?

Cato Podcast

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Introduction

Will Luther is a professor of economics at florida atlantic university. We spoke earlier this month in los vegas. When do you feel it was beyond dispute that the inflation that the united states was facing was going to be with us for a while? The very end of november, when chair powell says, we're no longer going to use the word transitory. That seems to me, a point after which no one, absolutely no one, can think that this was going to been transitory.

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