4min chapter

Odd Lots cover image

Ed Harrison Explains What the Fed Is Really Trying to Accomplish

Odd Lots

CHAPTER

Is There a Better Way to Try to Bring Supply and Demand Into Balance?

Is there a better way to try to bring supply and demand into balance than a pure, blunt intrust rate hike? The fed believes that these other substitute policies like quantitative easing, are squis they're not as easy to deal with. And so the argument is, there is no historical precedent for this much of an inflaton collapse without a recession or meaningful increase in the unemployment rate.

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