Not exact matches
«The slowdown may not necessarily
come in first half of 2019, but maybe the second half as there's a bigger drag from
tighter monetary policy and the fiscal stimulus wears off.»
The earlier period of
tight monetary policy, and the weakening in demand in late 2008 associated with the escalation of the financial crisis, has seen inflation
come down.
Had the Fed done its duty, and kept
monetary policy tighter for longer, we might not have
come to this ugly juncture.