彼得森经济研究所:2024美国货币政策与近期通胀飙升报告(英文版).pdf |
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Federal Reserve policy in the wake of the COVID pandemic has been widely criticized as responding too slowly to surging inflation and an overheated labor market, thereby exacerbating the inflation problem and impairing macroeconomic performance more generally. This paper challenges this view by exploring the likely effects of a markedly more restrictive counterfactual monetary policy starting in early 2021. Under this policy, the Federal Open Market Committee (FOMC) would have strictly follow
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