Smith one of 52 academic economists in inaugural survey, which predicts rising interest rates and a change in monetary policy
Julie Smith, professor of economics, was among 52 academic economists surveyed by the Financial Times and the Global Markets Initiative at the University of Chicago Booth School of Business about the effects of U.S. monetary policy on the nation’s economy.
According to the inaugural survey, high inflation will force the Federal Reserve to raise interest rates at least twice by the end of 2023, which will likely lead to a more aggressive path for monetary policy.
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