The Bigger Worry: Growth or Inflation?
Exchanges
00:00
Is the Fed Controlling Inflation?
The influence of monetary policy on inflation is much weaker than most people think. John Cochran believes that fiscal policy matters more for inflation than it's given credit for. The Fed does not have complete control over inflation, he says. And as the Fed thinks about raising interest rates this time, it's going to run into headwinds from fiscal policy.
Transcript
Play full episode
