US needs tighter policy, former senior Fed adviser says

Higher rates will cause little damage to supply chains, David Wilcox argues

David Wilcox
Photo: Peterson Institute for International Economics

How will the reports of the consumer price index’s (CPI) rise and inflation expectation’s drop affect upcoming monetary policy?

Fed chair Jay Powell and his colleagues have made clear that they’re going to base their decision-making first and foremost on the demonstrated record of inflation. And in that light, the most recent move has been distinctly discouraging.

The CPI’s September 13 release indicated considerably more pressure in the inflation pipeline than had seemed likely prior to then

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.