Looks good! The Fed brought nominal indicators back to trend (maybe a notch above, but could that really matter all that much? after all, didn’t the pandemic result in a bit of a productivity boom?) and is now stabilizing them! Way to go for the Fed! Post-2008 errors: averted.
What went wrong with Fed policy in 2021-2
What went wrong with Fed policy in 2021-2
What went wrong with Fed policy in 2021-2
Looks good! The Fed brought nominal indicators back to trend (maybe a notch above, but could that really matter all that much? after all, didn’t the pandemic result in a bit of a productivity boom?) and is now stabilizing them! Way to go for the Fed! Post-2008 errors: averted.