Expertise

EL MENSAJE ES CLARO “Tenemos que volver a equilibrar la oferta y la demanda. Y la forma en que lo hacemos es desacelerando la economía”. -Jerónimo Powell

THE MESSAGE IS CLEAR   “We have to get supply and demand back into balance. And the way we do that is by slowing the economy.” -Jerome Powell

“Máximo empleo y estabilidad de precios” El "mandato dual" de la Reserva Federal es el máximo empleo y la estabilidad de precios, dijo John Williams, presidente y director ejecutivo del Banco de la Reserva Federal de Nueva York, al The Wall Street Journal durante una sesión de preguntas y respuestas.

“Maximum employment and price stability” The Federal Reserve’s “dual mandate” is maximum employment and price stability, John Williams, president and CEO of the Federal Reserve Bank of New York, told The Wall Street Journal during a Q&A. To lower inflation, he continued, the Fed needs to keep raising interest rates until demand and maximum employment lower to become more in balance with supply.

The more I research our pandemic-era economics the more I realize that the old rules no longer seem to apply. We are living in VUCA times: volatility, uncertainty, complexity, ambiguity. Developing a strategy to cope with this takes a lot of patience and resilience.