Hard to get 'inflation down' without causing a recession, Harvard economist warns

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Harvard University economics professor Kenneth Rogoff told FOX Business that once the Fed raises interest rates, it may be difficult to ‘control’ the economy.

Harvard University economics professor Kenneth Rogoff provides insight into how the Fed raising interest rates will impact inflation.

Meanwhile, the Harvard economist noted that multiple tumultuous events are impacting the U.S. economy, in addition to the fact that the Fed "let inflation get out of hand." "There's not just what the Fed is doing. The shutdowns in China, [and] their COVID policy, which is a political problem. It's hard to overstate how bad that is, they slow growth," Rogoff explained.

 

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No shit

A true mess. No one qualified in this administration. Economic knowledge nowhere to be found. Disaster.

File that under 'no shit.'

Harvard said second quarter things would be back to normal economically. Wicked smart!

Trump 2024 will fix it. Until then, bear market and poor pandemic induced by democrats.

Tether will be next week or the week after xrp

We’re going togo into recession anyway. Might as well fix one problem.

It’s not my priority even though it is my mandate I get paid better for looking the other way. 😬

Hard to make an omelet without breaking an egg, ihop chef warns.

Ultra-MAGAs. Elise Stefanik bought Facebook ads pushing 'great replacement theory' claiming white people are intentionally being replaced by migrants

It doesn’t take a Harvard professor to figure this out

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