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FEDERAL RESERVE BANK OF ST. LOUIS: Does the Money Supply Predict Inflation in the US? (Explained)
This episode breaks down a research paper from the Federal Reserve Bank of St. Louis, exploring whether different measures of the money supply are useful for forecasting US inflation. Using advanced non-linear techniques, the authors find limited support for monetary aggregates as reliable inflation predictors in the early to mid-2000s. Dive into the specifics of this intriguing macroeconomic study at https://fedinprint.org/item/fedlwp/10440/original and share your thoughts at feedback@econpod.org. This episode explains a real academic paper in plain English for a general audience. Source…
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