Progress Against Inflation?

Progress Against Inflation?
The Marriner S. Eccles Federal Reserve Board building in Washington on March 16, 2022. Saul Loeb/AFP via Getty Images
Milton Ezrati
Updated:
0:00
Commentary

The Federal Reserve has made remarkable progress in its counter-inflation efforts. Flows of new money into the economy—the ultimate inflationary fuel—have slowed and, by some measures, reversed. Meanwhile, consumer price pressures seem to have moderated. Signs are indeed encouraging.

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."
Related Topics