Michael Goldberg, associate professor of design and innovation at Weatherhead School of Management and executive director of the Veale Institute for Entrepreneurship, discussed the Federal Reserve’s effort to rein in soaring inflation levels by raising its benchmark short-term interest rate, a hike that could affect the way people buy, borrow and save money in the coming years, with WEWS. “We are moving out of the pandemic, hopefully, and I think there was always an expectation that the Fed would need to raise rates and move out of this heavy intervention time period,” he said.
