最新报道:Fed rate hikes may curb inflation short-term but risk long-term counterproductivity by reducing supply, as seen in housing. Economist John Cochrane argues durable inflation control requires fiscal reforms, not just monetary policy. Current political reliance on the Fed for inflation management allows Congress to avoid fiscal responsibility, potentially worsening deficits. Trump's push to politicize the Fed might force politicians to own inflation, echoing Volcker’s 1980s impact.