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Little Help on Inflation

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Little Help on Inflation
The seal of the Board of Governors of the United States Federal Reserve System is displayed on the ground at the Marriner S. Eccles Federal Reserve Board Building in Washington on Feb. 5, 2018. Andrew Harnik/AP Photo
Milton Ezrati
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Commentary

Recently, the White House released its plan to deal with inflation. Except for its commitment to offload most of the effort onto the Federal Reserve, it offers little that can help except over the very long run, which means little for people paying to cool their homes this summer, bring home groceries, or fill their car’s gas tank for their daily commute.

Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is "Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live."
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