Fed needs a recession to win inflation fight, study shows

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Fed needs a recession to win inflation fight, study shows

The researchers included Brandeis International Business School professor Stephen Cecchetti, who is a former top economist at the Bank for International Settlements; Michael Feroli, chief economist at J.P. Morgan; and Columbia Business School professor Frederic Mishkin, who is a former Fed governor and longtime research collaborator with former Fed Chair Ben Bernanke.

February 24, 2023

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