The Federal Reserve Is at the Nexus of the Inflation Debate. Here’s How It Works

The Federal Reserve Is at the Nexus of the Inflation Debate. Here’s How It Works
·8 min read

Through rate-setting and broader monetary policy, central bankers try to steer the economy to maximum employment and stable prices. That's gotten difficult lately as unemployment remains elevated and inflation spikes. Matthew C. Klein takes a look at the who, how, and why behind the Fed.

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