alt Hacker NewsNo, only since Bernanke. So it’s very recent and not something that was historically done by Fed chairs.
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Animats • today at 4:35 AM
The Fed is tasked with keeping inflation down and employment up. But they only have one knob.
No, only since Bernanke. So it’s very recent and not something that was historically done by Fed chairs.
The Fed is tasked with keeping inflation down and employment up. But they only have one knob.
It started with Greenspan but ramped up under Bernanke.
https://www.richmondfed.org/publications/research/econ_focus...