AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Analyzing Inflation, Interest Rates, and Fed's Position on Higher Inflation World
Exploring the shift to a higher inflation world, the chapter discusses year-over-year inflation measurement, longer-run interest rates, and the Federal Reserve's acceptance of a new inflation norm. It also delves into the nuances of inflation rate targets and the potential impacts on Fed credibility.