Listen "Hubbard O'Brien Economics Podcast - 04-07-22 - Inflation & the Fed's Response."
Episode Synopsis
Authors Glenn Hubbard and Tony O'Brien reconsider the role of inflation in today's economy. They discuss the Fed's possible responses by considering responses to similar inflation threats in previous generations - notably the Fed's response led by Paul Volcker that led to the early 1980's recession. The markets are reflecting stark differences in our collective expectations about what will be done. Listen to find out more about the Fed's likely next steps.
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