The Fed, Inflation, and the Economy
with
Alan Blinder
Thursday, October 13, 2022
5:00 PM 6:00 PM
As the Federal Reserve raises interest rates to combat the highest inflation in 40 years, the United States falling into a recession is becoming an increasing concern for people. Increased inflation, the pandemic, supply shocks and global uncertainty from the war in Ukraine are threatening economic growth in America and could have long lasting effects.
Alan Blinder, former Vice Chair of the Federal Reserve, says he foresees a downturn coming next year. He reminds us of the rise in inflation in the 1970’s and the serious recession followed. Are we headed for a repeat performance? Or can this be avoided? Join The Common Good to find out.
About the Speakers:
Alan Blinder is an esteemed professor of economics and public affairs at Princeton University and a regular columnist for the Wall Street Journal. Blinder served as a member of President Clinton’s original Council of Economic Advisers and then as Vice Chair of the Board of Governors of the Federal Reserve System in 1993–1996.
Blinder has written scores of scholarly articles, and authored or co-authored 21 books, including the best-seller After the Music Stopped and Advice and Dissent. His latest book, A Monetary and Fiscal History of the United States, 1961-2021 comes out in October.
