18.10.2022: John Cochrane – Inflation past, present and future: Fiscal shocks, Fed response, and fiscal limits
Presenter: John H. Cochrane Affiliation: Stanford University, Hoover Institution Paper: Inflation Past, Present and Future: Fiscal Shocks, Fed Response, and Fiscal Limits Date: October 18, 2022 Time: 12:00 GMT (15:00 Israel Time) Abstract: Our current inflation stemmed from a fiscal shock. The Fed is slow to react. Why? Will the Fed’s slow reaction spur more … Read more