[New post] The U.S.- Did the use of monetary policy solve inflation or postpone it?

centreforneweconomicstudies posted: " By Sukeerthi Abstract  The dual mandate of the Federal Reserve is to pursue the economic goals of maximum employment and price stability. When the pandemic hit, the Fed were worried about growth and employment. As the economy was recovering fr" NICKELED AND DIMED The U.S.- Did the use of monetary policy solve inflation or postpone it? centreforneweconomicstudies Oct 12 The dual mandate of the Federal Reserve is to pursue the economic goals of maximum employment and price stability. When the pandemic hit, the Fed were worried about growth and employment. As the economy was recovering from 2 waves of Covid, inflation had already started its upward trend. However, the Fed assumed it was transitory and maintained a loose monetary policy to focus on growth and employment. The article aims to explore the implications of the Fed's assumption on the U.S. economy.  Read more of this post Comment Like You can also reply to this email to leave a comment. Unsubscribe to no longer receive posts from NICKELED AND DIMED. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://nickledanddimed.com/2022/10/12/the-u-s-did-the-use-of-monetary-policy-solve-inflation-or-postpone-it/ Powered by WordPress.com