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The inflation surge of the 2020s: The role of monetary policy

The authors find that the Fed’s revisions to its monetary policy strategy in Aug. 2020 and its forward guidance contributed to the surge in inflation during the pandemic.

US Treasury Secretary Yellen Admits Being Wrong About Inflation in March 2021

The Republicans strongly opposed a new COVID relief bill proposed in March 2021, criticising it for excessive spending and risks of exacerbating inflation. 01.06.2022, Sputnik International

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