High interest rates and inflation in the U.S. A comment

Authors

  • J.L. LUCIA

DOI:

https://doi.org/10.13133/2037-3643/11418

Keywords:

Interest rates, inflation, Unites States, expectations

Abstract

In this comment on David I. Fand’s “High Interest Rates and Inflation in the U.S.: Cause or Effect”, the author argues that it is difficult to accept Fand’s explanation of the role of expectations with regard to interest rate changes, especially in light of price level changes in years 1955-64.

 

JEL: E31, E43

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Published

2013-12-29

How to Cite

LUCIA, J. (2013). High interest rates and inflation in the U.S. A comment. PSL Quarterly Review, 25(103). https://doi.org/10.13133/2037-3643/11418

Issue

Vol. 25 No. 103 (1972)

Section

Editorial

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