Jul 9, 2018

The Federal Reserve Must Modernize Its Approach

Scott Sumner Ralph G. Hawtrey Chair of Monetary Policy

How does the Federal Reserve correct its mistakes? Often it simply doesn't, Mercatus scholar Scott Sumner argues in an opinion piece for The Hill. He outlines in his new article how the Fed can more nimbly respond to changes in economic conditions. 

Read more: The Federal Reserve must modernize its approach

Photo credit: Richard Drew/AP/REX/Shutterstock

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