Getting To 2%: Lessons From Disinflation Experiences EconoFact Chats podcast

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Getting to 2%: Lessons from Disinflation Experiences

1y ago 28:44

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Innhold levert av EconoFact. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av EconoFact eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

The Federal Reserve has seen much success in its fight against inflation. The headline rate over the 12 months ending in August 2023 was 3.7%; much lower than the peak of 9.1% in June 2022. Notably, inflation has come down with virtually no rise in unemployment. But it remains higher than the Fed's 2% target. Will reducing inflation by another 1.7 percentage points prove as costless to output and employment? What lessons can the Fed draw from moderate disinflationary episodes in other countries? Peter Blair Henry joins EconoFact Chats to discuss his findings on these issues, drawing on a recent Foreign Affairs article co-authored with Anusha Chari (University of North Carolina). Peter is a Senior Fellow at Stanford's Hoover Institution, and Dean Emeritus of New York University's Stern School of Business.

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263 episoder

#News #EconoFact #On Covid19

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Getting to 2%: Lessons from Disinflation Experiences

EconoFact Chats

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published 1y ago

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MP3•Episoder hjem

Innhold levert av EconoFact. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av EconoFact eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.

The Federal Reserve has seen much success in its fight against inflation. The headline rate over the 12 months ending in August 2023 was 3.7%; much lower than the peak of 9.1% in June 2022. Notably, inflation has come down with virtually no rise in unemployment. But it remains higher than the Fed's 2% target. Will reducing inflation by another 1.7 percentage points prove as costless to output and employment? What lessons can the Fed draw from moderate disinflationary episodes in other countries? Peter Blair Henry joins EconoFact Chats to discuss his findings on these issues, drawing on a recent Foreign Affairs article co-authored with Anusha Chari (University of North Carolina). Peter is a Senior Fellow at Stanford's Hoover Institution, and Dean Emeritus of New York University's Stern School of Business.

… continue reading

263 episoder

#News #EconoFact #On Covid19

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