Taming Inflation Is Only Half The Fed’s Battle

The same industries that are slowing now could snap back abruptly if the central bank eases up to soon, triggering a whole new round of overheating and tightening.

As inflation cools, demand will rebound.

More From Other Writers at Bloomberg Opinion:

  • The Dubious Trade-Off That Economists Love to Cite: Tyler Cowen

  • The Fed Has a Secret Weapon in Households: Karl W. Smith

  • The Path to a Soft Landing Runs Through Earnings: Jonathan Levin

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.

Conor Sen is a Bloomberg Opinion columnist. He is founder of Peachtree Creek Investments and may have a stake in the areas he writes about.

More stories like this are available on bloomberg.com/opinion

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