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Can the Fed keep raising interest rates without causing a recession? Research says no

Such an "immaculate disinflation" has never happened before, economists say.

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Fed Can t Tame Inflation Without Significantly More Hikes That Will Cause a Recession, Paper Says – NBC 5 Dallas-Fort Worth

The Federal Reserve is unlikely to be able to bring down inflation without having to push rates considerably higher, according to a research paper.

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Fed s rate hikes likely to cause a recession, research says

Fed s rate hikes likely to cause a recession, research says
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Discussion Of The Paper Managing Disinflations By Stephen G Cecchetti, Michael E Feroli, Peter Hooper, Frederic S Mishkin, And Kermit L Schoenholtz, Federal Reserve Governor Philip N Jefferson, At The U S Monetary Policy Forum, New York, New York

<p><span>Thank you very much for inviting me to discuss this paper. It is a timely review for central bankers charged with lowering inflation to targets or, in the terminology of the authors, managing disinflation. I really enjoyed reading it. Before I begin, let me remind you that the views I will express today are my own and not necessarily those of the Federal Open Market Committee (FOMC) or the Federal Reserve System.</span></p>

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The Nashville Ledger

The Nashville Ledger
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