There is strong evidence that higher interest rates don’t mitigate inflation. Instead, they might make it worse. I wade through the details here.
The post Interest Rates and Inflation: Knives Out appeared first on Economics from the Top Down.
There is strong evidence that higher interest rates don’t mitigate inflation. Instead, they might make it worse. I wade through the details here.
The post Interest Rates and Inflation: Knives Out appeared first on Economics from the Top Down.