What's Monetary About Interest Rates?

realclearmarkets.com / Jeffrey Snider

What's Monetary About Interest Rates? June 23, 2023

In October 2018, St. Louis Fed President James Bullard claimed his organization had killed the work of ancient economist AW Phillips. It was the latter who has had his name, voluntary or not, attached to the eponymous curve at the center of this and ...

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