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AllSides - Balanced News
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The Fed Governor Who Proved Larry Summers Wrong
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The Fed Governor Who Proved Larry Summers Wrong

Federal Reserve governor Christopher Waller laid out a novel economic framework two years ago showing how the central bank could bring inflation back to its 2% target without the usual jump in unemployment‚ stirring furious pushback from economic heavyweights. Two years later‚ with inflation edging closer to 2% and unemployment still near a half-century low‚ Waller is looking prescient. It is one of the reasons the academic economist-turned-central banker is one of...
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