And as the debt load grows, efforts by the Federal Reserve to stimulate the economy with lower rates would be more likely to
feed runaway inflation.
Not exact matches
The
Fed struggled with
runaway U.S.
inflation in the 1970s and early 1980s.
As the network notes, El - Erian has previously called the policy a «reverse Volcker moment,» in reference to former
Fed Chairman Paul Volcker, who raised rates and deliberately put the nation into recession in the early 1980s to control
runaway inflation.
The
Fed has to raise rates before we're confronted with
runaway inflation, says one side.
This much is not: When will the
Fed start tightening its interest - rate policy to thwart any
runaway inflation?
A little
inflation is OK, but the
Fed wants to prevent
runaway inflation which is much harder to control.