Paul Krugman Explains Misconceptions About the Fed Among Republicans

Reported 1 day ago

In an interview, economist Paul Krugman critiques some Republicans’ views on the Federal Reserve, notably the belief that lower interest rates are a reward for economic performance. He emphasizes that the Fed's role is to manage the economy, suggesting that higher rates are warranted in a robust economy, and discusses the current mixed indicators of the economy, highlighting the confusion surrounding appropriate interest rate adjustments.

Source: YAHOO

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