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Wharton Emeritus Professor: I Don't Think We're Currently in Recession

This Week in Business

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Will the Fed Be Aggressive?

The fed messed up its mandate under chairman arthur burns, repeatedly during the 19 seventies. Paul vo was a hero because he brought inflation from the double digit down to three % within a short period of time. The question is whether or not the fed will follow this kind of policy if it's needed. I'm hoping that they will r and follow an antimplation policy. But weven face the kind of situation where we're going to have to ask the bed to make some tough decisions.

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