Paul Krugman Explains Misconceptions About the Fed Among Republicans

Reported 29 days 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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