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Weatherhead

Weatherhead's Jonathan Ernest talks about Federal Reserve Board and inflation

MEDIA | October 21, 2022
STORY BY: EDITORIAL STAFF

Tips for combatting inflation

WKYC: Jonathan Ernest, an assistant professor of economics at Weatherhead School of Management, discussed the government’s ongoing dilemma fighting inflation: “If the (Federal Reserve Board) tries to pull too hard and raise rates too quickly, it could cause a huge decrease in demand and a much larger drop in productivity in the economy,” he said.