Publication date:
January 8, 2024
Federal Reserve's Role in Decreasing Inflation Highlighted
A think tank disputes the notion that supply chain improvements are behind falling inflation, pointing instead to the Federal Reserve's policies.
Economic Analysis
Recent analysis challenges the prevailing idea that enhancements in the supply chain have been the driving force behind declining inflation rates. Commentator Alexander William Salter suggests that the Federal Reserve's monetary policies and interest rate adjustments are the actual factors at work in controlling inflation, contrary to supply-side explanations. This perspective invites a reevaluation of the strategies employed to manage the economy and price stability.