Talmon Smith on the Great Inflation Surge of 2021
Macro Musings with David Beckworth
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Is the Fed Funds Rate Going to Give Us Greater Oil Supply?
There is greater concern, as you said, both inside the fed and outside of the fed, that it might be time to use monetary policy. The idea being that if borrowing costs through higher interest rates, increase a bit, then maybe there's less appetite for risk. Maybe consumers take that signal of a higher borrowing costs and are a little bit more frugal with their spending. We will see. I think an spring of 22, we'll get some more answers about how the post pendemic economy looks like.
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