Former IMF Chief Economist Says US Is in ‘Productivity Recession,’ Inflation Is ‘Terrible’

Former IMF Chief Economist Says US Is in ‘Productivity Recession,’ Inflation Is ‘Terrible’
The International Monetary Fund logo outside the headquarters building during the IMF/World Bank spring meeting in Washington, on April 20, 2018. Yuri Gripas/Reuters
Katabella Roberts
Updated:
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Former IMF chief economist Kenneth Rogoff has said that the United States is in a “productivity recession” and that inflation is “terrible,” while taking aim at the Federal Reserve’s strategy to bring down the soaring cost of living.

Rogoff, who is a professor of economics and public policy at Harvard University, spoke to Fox New’s “Mornings with Maria“ on Sept. 15, where he added that U.S wages are significantly worse than they appear.
Katabella Roberts
Katabella Roberts
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Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.
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