Interesting times, indeed. In his most recent blog post, Ethan Penner reflects on Ben Bernanke's tenure as Federal Reserve Chairman, the challenges that burdened the Bernanke Fed, and what his legacy means for his expected successor, Janet Yellen, and Fed policy as a whole.
Also discussed in the post:
- The structural and global uncertainties underpinning the current economic fragility.
- How the Fed's shifting relationship with inflation reflects a broader shift in society.
- What a future of easier monetary policy might mean, both domestically and globally.
To read the entire post, “Inflation, Empathy, and the Fed,” click here. For more posts from Ethan Penner, visit his blog by clicking here.
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