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Debate Grows Over How the Fed Should Handle Supply Shocks
Original: How Should the Fed Respond to Supply Shocks? Plus, An Inside Story on What Happens at FOMC Meetings
Economists and policy commentators are debating how the Federal Reserve should respond to supply shocks, with new attention on whether interest rate policy can address inflation driven by supply disruptions rather than demand. The discussion includes an inside account of how decisions are reached at Federal Open Market Committee meetings, drawing broad public interest in the Fed's internal deliberations and its balancing act between inflation control and growth.
Why now: Ongoing inflation concerns and scrutiny of Fed decision-making keep interest rate policy in the spotlight.
Federal ReserveFOMCHoover Institution
Evidence
- How Should the Fed Respond to Supply Shocks? Plus, An Inside Story on What Happens at FOMC Meetings · Hoover Institution · 138.3K
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