Getting Monetary Policy Back on Track
Bordo, Michael D / Cochrane, John H / Taylor, John B![Getting Monetary Policy Back on Track](https://support.digitalhusky.com/media/annotations/sorted/454/45495171/CHSBZCOP0345495171.jpg)
In May 2023, the world's top economic policymakers and academics convened at the Hoover Institution for the annual Monetary Policy Conference. They met at a tumultuous time: the previous year, inflation had surged, and some believed the Federal Reserve was slow to react. What was behind this surge, and why did the Fed fail to forecast inflation, or perceive it when it happened? Participants considered whether the sluggish response made the sit...