Federal Reserve/Inflation Alert! Governor Christopher J. Waller comments on "Some Benefits and Risks of a Hot Economy".
This is a response authors' claims of three impacts of running a 'hot' economy: labor market inclusiveness, potential market instability, and a greater risk of excessive inflation.
Good morning and Happy Friday r/Superstonk, this paper looks like it could be fun!
The authors discuss three impacts of running a 'hot' economy labor market inclusiveness, potential market instability, and a greater risk of excessive inflation: