Macro Musings with David Beckworth cover image

Raphael Bostic on Life as a Regional Fed President, the Responsibilities of a Dual Mandate, and the Results of the 2025 Framework Review

Macro Musings with David Beckworth

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Will Price Shocks Become Higher Trend Inflation?

David asks if supply shocks could stick; Bostic warns that prior inflation experiences change consumer psychology and could raise inflation persistence.

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