More Self-Inflicted Risks Than We Need — Tim Duy

Bottom Line: On a certain level this shouldn’t be that hard, at least from a macro-policy perspective. Keep pumping money into the economy to support incomes as you build out the public health infrastructure to contain the virus while gradually ramping back up the economy. We just can’t fully commit to that program. That lack of commitment leaves us with a few more downside risks than I would like.

Tim Duy's Fed Watch
More Self-Inflicted Risks Than We Need
Tim Duy | Professor of practice and senior director of the Oregon Economic Forum at the University of Oregon