LONDON, Oct 10 (Reuters Breakingviews) - US policymakers underplayed the spike in consumer prices in 2021.
In this Exchange podcast, Don Kohn, senior fellow at the Brookings Institution and former Fed vice chair, argues that a rule change a year earlier was a key reason why the central bank failed to lift rates faster.
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Editing by Oliver TaslicOur Standards: The Thomson Reuters Trust Principles.
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Persons:
Don Kohn, Oliver Taslic
Organizations:
Reuters, Brookings Institution, Fed, Thomson