Tag: inflation

A New Telling of the Story of Persistent Inequality

The interest rate regime embraced to combat strong inflation of the mid-1970s and early 1980s has had unintended consequences—including the development of historic levels of wealth inequality. Yakov Feygin says there’s a lot that can be done to turn things around.

Sequence of Return Risk

There’s more participants should understand than just cutting back on equities.

Interest Rates’ ‘New Normal’

By bringing longer-run goals and strategy into alignment with changes in the economy, the Fed aims to strengthen support for economic recovery.