The Fed Should Take Action at Jackson Hole to Reduce Inflation
4 min readAug 23, 2021
They must immediately and gradually reduce the $120 billion per month bond-buying program. They also must immediately and gradually raise interest rates.
This week, the Federal Reserve (Fed) will meet for its annual symposium at Jackson Hole, Wyoming. This symposium is sponsored by the Federal Reserve Bank of Kansas City, which has held this event since…