5min chapter

GoodFellows: Conversations from the Hoover Institution cover image

Soft Landing: Larry Summers On Inflation, Debt, And A Looming Recession

GoodFellows: Conversations from the Hoover Institution

CHAPTER

The Fed's Inflation Targeting Framework Is a Source of Recession Risk

A lack of confidence before the fed acts is also a source of recession risk. I would reassure everybody that i understood that i'd made a mistake by forming a blue ribbon panel of economists to understand and think about the fed's inflation ing and forecasting procedures. We probably need real interestraits that are ative to a restrain a demand.

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