
Record Inflation and What’s Next (with Larry Summers)
In the Bubble with Andy Slavitt
00:00
Fed Funds Aot a Basic Short Term Interest Rat
The markets and the far ar sort of expecting that we'll get interest straight up sometime early next year, to the two and a half to three % range. People are hoping that that's going to be enough to contain inflation. But i think that am the experience is that usually you have to raise interest rates by more than the inflation you're trying to stop if you want to ain inflation.
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