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Inflation and Federal Reserve Alert! Governor Christopher J Waller: In 1972-1973, the average household spent 24 percent of expenditures on rent or imputed rent This share rose to 27 percent in the late 1980s, and in 2019 that was up to 35 percent No doubt the share in 2022 will be larger still – Investment Watch

Inflation and Federal Reserve Alert! Governor Christopher J Waller: In 1972-1973, the average household spent 24 percent of expenditures on rent or imputed rent This share rose to 27 percent in the late 1980s, and in 2019 that was up to 35 percent No doubt the share in 2022 will be larger still – Investment Watch
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National bureau of economic researchUnited statesUnited kingdomSan franciscoJudd nl cramerWayne passmorePratyush tiwariJim parrottDiana hancockChristopherj wallerRaven molloyAdam hale shapiroDavid wilcoxMark zandiKevinj lansingLuize oliveira

Federal Reserve Bank of San Francisco | This Time Is Different…Because We Are

The Federal Reserve has evolved since the “Great Inflation” of the 1970s. With new tools and a deeper understanding of the importance of transparency, it is better prepared to meet the dual mandate goals of price stability and full employment, even in challenging times. The following is adapted from remarks by the president of the Federal Reserve Bank of San Francisco to the Los Angeles World Affairs Council & Town Hall on February 23.

United statesUniversity of chicagoUnited kingdomLos angelesSan franciscoDavidh romerDavid romerAndrew levinArgiam sbordoneJohng fernaldMarc giannoniStefano eusepiAdam hale shapiroLuize oliveiraChristina romerHuiyu li

Return Of The Original Phillips Curve

from the San Francisco Fed this post authored by Peter Lihn Jørgensen and Kevin J. Lansing

United statesUnited kingdomSan franciscoJanet yellenKevinj lansingPeter lihnFederal reserve bankMonetary policyBrookings institutionHutchins center on fiscalCongressional budget officeDepartment of economics at copenhagen business schoolSummer instituteEconomic letterCongressional budgetFed chair janet yellen