
provocations-5-goldman.pdf |
By Allison SchragerPolicymakers take comfort that longer term inflation expectations still hover around 2%. That seems to suggest that eventually the pre-pandemic low inflation/low interest rate world will soon return and the Fed still has the credibility it needs to conduct monetary policy.
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Judging by its latest World Economic Report, the International Monetary Fund is well aware of credit-cycle risks.
Hal Brands, Peter D. Feaver, and William Inboden | American Enterprise Institute