Macro Musings with David Beckworth cover image

Jesus Fernandez-Villaverde on Demographic Trends, Recent Macroeconomic Developments, and AI’s Implications for Economic Growth

Macro Musings with David Beckworth

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The Role of the ECB in Inflation

Central banks these days are suffering a little bit from mission creep. They are getting into more and more areas that are not their core goals. The European central bank dropped the ball for at least six months, he says. But if nothing else, lessons learned for the next big supply shock we face moving forward.

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