Stories >> Economics

Jason Furman: One Good Inflation Report Isn’t Enough

The Fed shouldn’t back away from its plan to hike interest rates again. Prices, on average, didn’t go up in July. That’s terrific news—and much better than I had expected. The Federal Reserve should still continue its aggressive attack on inflation with another 75-basis-point hike at the September meeting. Taken together with recent

Click to Link

Posted: August 11, 2022 Thursday 01:42 PM