Encouraging inflation would boost US growth and risks
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In this article
- Channels of inflation transmission
- Household balance sheets
- Consumers
- Housing
- Exports
- Would higher inflation help?
- Costs and risks
- Future tightening -- and recession
- Bondholder losses
- Generational tensions
- Fed credibility
- Runaway inflation
- 'Deadweight losses'
- No quick fix
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