Trillion Dollar Triage
Slate Money
00:00
The Pandamic Hits
The Fed is trying to prove that its two-percent inflation target is credible. They didn't show any reaction, really, to the fiscal stimulus layer. There are forecasting errors on inflation and labor supply. The mechanism to slow the economy is to reduce hiring, right? I mean, at the end of the day, interestrate increases will begin to make it harder to get a job. But walk me through it for jim van derhay!
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