The average price of US goods and services surged in April, leading some to worry the economy is beginning to experience dangerously high levels of inflation. A scholar explains why that’s unlikely.
- Professor of Finance, North Carolina State University
Inflation has been low, but if the Fed isn’t careful, keeping rates too low, too long could lead to runaway inflation.
The Fed is in a tricky position as it signals it may soon cut interest rates to boost the economy, which also risks spurring runaway inflation and even an economic downturn.
While many market observers blame growing concerns about inflation for the stock market crash, the real culprit may be fears that the economy is about to slow.
While many market observers blame the growing threat of inflation for the stock market crash, the real culprit may be concerns that the economy is about to slow.
Contact Richard for
- General
- Media request
- Speaking request
- Consulting / Advising
- Research collaboration
- Research supervision
- Location: Raleigh,North Carolina
- X (formerly Twitter): @richardswarr
- Article Feed
- ORCID
- Joined




