16min chapter

Plain English with Derek Thompson cover image

Harsh Truths About 2024 and the Future of the U.S. Economy

Plain English with Derek Thompson

CHAPTER

Insights on the US Economy and Federal Reserve

A detailed analysis of the US economy and the role of the Federal Reserve Bank of Chicago president in upcoming FOMC interest rate decisions, inflation impacts, and potential consequences of proposed tariff increases. The chapter explores the transition from academia to a Federal Reserve president, daily responsibilities, FOMC meeting experiences, and discussions on monetary policies, inflation, and labor market responses.

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