Nominal GDP Outlook Suggests It's Time to End Monetary Accommodation

Tyler Atkinson, Evan Koenig and Ezra Max

Dallas Fed Economics from Federal Reserve Bank of Dallas

Abstract: We argue that the policy response to COVID-19 has been broadly on track to date but that continued monetary accommodation (lowering interest rates or purchasing assets) risks fueling excessive inflation.

Keywords: Monetary Policy; Inflation; COVID-19; Economic Conditions (search for similar items in EconPapers)
Date: 2022-01-13
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Persistent link: https://EconPapers.repec.org/RePEc:fip:d00001:93666

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