Should We Worry About Inflation — Even If The Fed Doesn’t?
EVEN BEFORE the U.S. and world economies have fully emerged from the near-depression induced by the needed public health response to covid-19, a new worry is already coming to the fore: inflation. The idea, broadly, is that the massive $1. 9 trillion U.S. fiscal support package, coupled with the Federal Reserve's aggressive bond-buying and interest-rate cutting,…
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