Why Austan Goolsbee Is Still Concerned About Inflation
Odd Lots
00:00
Labor Market Dynamics and Monetary Policy Shifts
This chapter explores the intricate relationships between labor market conditions and financial landscapes, highlighting how reduced payrolls may coincide with dwindling labor supply due to lowered immigration. It also delves into the implications for monetary policy, reviewing the potential for rate cuts in light of current inflation concerns and contrasting today's economic state with that of the pre-pandemic era.
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