Attention Economy


Thursday, September 3, 2020

Inflation Measurement and Monetary Policy

 Inflation Is Higher Than the Numbers Say
https://www.nytimes.com/2020/09/02/business/inflation-worse-pandemic-coronavirus.html
“While government statistics say inflation is low, the reality is that the cost of living has risen during the pandemic, especially for poorer Americans”.

Will the Fed's recasting of its monetary policy strategy help the US economy?