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| | Economist's View: Martin Feldstein: The Fed's Difficult Task |
 | | Martin Feldstein joins Paul Krugman, Robert Reich, Brad DeLong, and Nouriel Roubini with worries about an upcoming recession, but nevertheless argues that the Fed should remain hawkish and focus primarily on inflation concerns. |
 | | The Fed's Difficult Task, by Martin Feldstein, Commentary, WSJ: A soft landing is a natural aspiration for any central bank confronting an unacceptably high rate of inflation. |
 | | Feldstein apparently buys one of the alternative scenarios, in which either (1) rapid nominal compensation growth persists or (2) commodity prices continue to rise. |
| economistsview.typepad.com /economistsview/2006/08/martin_feldstei.html (3077 words) |
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