4min chapter

RenMac cover image

RenMac Legends: A Conversation with Ethan Harris

RenMac

CHAPTER

Navigating Federal Reserve Policy and Fiscal Responses

Reflecting on frustrations with the Fed's approach amidst a backdrop of fiscal stimulus, emerging inflation concerns, and overheating economy, the chapter emphasizes the need for decisive action and broader inflation measure consideration. The discussion extends to collective Washington thinking on substantial stimulus without past fiscal policy mistakes post the great financial crisis.

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