4min chapter

Very Serious with Josh Barro cover image

Jason Furman on the Inflation That Keeps Going and Going and Going

Very Serious with Josh Barro

CHAPTER

Macroeconomics - Isn't It Time to Get More Specificity?

How high are interest rates going to have to go before we've actually cooled inflation at least down to three? I don't know. A year and a half ago, the idea that you might raise rates from zero to one just seemed, wow,. And they went all the way to two. Jason Kuchins: Isn't the point of macroeconomics that you people are supposed to be able to tell us with more specificity, what's happening here?"

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