Maurice Tutor

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Category > Economics Posted 06 May 2018 My Price 3.00

chairman of the Fed

Ben Bernanke, the chairman of the Fed, recently noted that “in the 1970s the public had little confidence that the Fed would keep inflation low and stable.” As a result, when oil prices rose, wages and prices quickly followed. This caused the Fed to have to sharply increase interest rates to curtail inflation. Is the same thing happening again today? Do people have a different perspective on the Fed than in the past?

 

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Status NEW Posted 06 May 2018 09:05 PM My Price 3.00

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