Journal Article
Financial Stress May Do Relatively Little to Reduce Inflation
Abstract: Financial stress has risen in the wake of recent bank failures. At the same time, the Federal Reserve has been tightening the stance of monetary policy to reduce elevated inflation. While both banking stress and tighter monetary policy can slow economic activity, historical evidence suggests that financial stress may be less effective in reducing inflation.
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https://www.kansascityfed.org/research/economic-bulletin/financial-stress-may-do-relatively-little-to-reduce-inflation/
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Bibliographic Information
Provider: Federal Reserve Bank of Kansas City
Part of Series: Economic Bulletin
Publication Date: 2023-05-24
Pages: 4