How the Fed and the Biden Administration Got Inflation Wrong
Wall Street Journal, June 13, 2022–Nick Timiraos, Jon Hilsenrath (subscription)
In recent weeks, top officials in the Biden administration and Federal Reserve have publicly conceded that they made mistakes in their handling of inflation. Behind their errors was a misreading of the economy.
https://www.wsj.com/articles/inflation-economy-federal-reserve-11655134682?mod=hp_lead_pos5
