Ben English46: Will the Fed get it wrong?

2022-08-06 0 By

Ben English46.That increases the chances that the Fed could misjudge the moment and tighten policy too aggressively if it starts to worry about the price stability (inflation) part of its dual mandate instead of the maximum employment (jobs) part.chancemisjudgetightenpolicyaggressivelystabilitydualmandateinstead If the Fed starts to worry about the price stability part of the mandate (inflation) rather than the maximumemployment part (jobs), it increases the chances that the Fed will misjudge the timing and tighten too aggressively.