NPR/WHYY – Radio Times with Marty Moss-Coane: Biden’s economic plan and the state of the economySeptember 21, 2021
Mark Zandi, Chief Economist at Moody’s Analytics and former GIC speaker, was recently featured on NPR Radio Times for a discussion on the state of the economy.
In response to Mr. Zandi’s comments, Peter Gold, Chair of the GIC College of Central Bankers asked, “What is the definition of “transitory” referring to inflation? When does transitory become longer?”
“I would worry that above target inflation is not transitory if inflation expectations in long-term bond yields are persistently above target inflation, and that unit labor cost growth is consistently accelerating. Neither is the case today.” – Mark Zandi, Chief Economist, Moody’s Analytics
We thank Mark for his permission to share his response and invite you to reply below with your views on this topic. The link to this episode of Radio Times is below for your reference.
September 15, 2021 – Biden’s economic plan and the state of the economy
NPR/WHYY – Radio Times with Marty Moss-Coane