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Symposium introduction: Reviewing the Federal Reserve's framework

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  • Bryan P. Cutsinger
  • William J. Luther

Abstract

The Federal Reserve introduced a new monetary policy framework in August 2020. Shortly after, inflation picked up, reaching a 40‐year high of 7.0% in June 2022. We explain why prices have risen so high over the last few years, why they remain elevated, and how the Fed's monetary policy framework might be revised in light of this experience.

Suggested Citation

  • Bryan P. Cutsinger & William J. Luther, 2025. "Symposium introduction: Reviewing the Federal Reserve's framework," Southern Economic Journal, John Wiley & Sons, vol. 91(4), pages 1213-1228, April.
    • Handle: RePEc:wly:soecon:v:91:y:2025:i:4:p:1213-1228
    DOI: 10.1002/soej.12761
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    References listed on IDEAS

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