FOCUS: Paul Krugman | The Fed Should Remember the 90s
Paul Krugman, The New York Times
Krugman writes: "Headline unemployment, at 5.1 percent, is now quite low by historical standards, and the baying for a rate increase is louder than ever. But inflation is subdued, indeed below target, and wages are still going nowhere. Should the Fed be raising rates in the name of 'normalization?'"
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Paul Krugman, The New York Times
Krugman writes: "Headline unemployment, at 5.1 percent, is now quite low by historical standards, and the baying for a rate increase is louder than ever. But inflation is subdued, indeed below target, and wages are still going nowhere. Should the Fed be raising rates in the name of 'normalization?'"
READ MORE
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