"CHANGES IN MONETARY POLICY COULD CONCEIVABLY AFFECT THE SIZE AND FREQUENCY OF SHOCKS HITTING THE ECONOMY...SHOCKS IN THIS SENSE MAY CERTAINLY REFLECT THE MONETARY REGIME. FOR EXAMPLE, CONSIDER TH
Monetary policy regime shifts tied to 1970s cost-push shocks signal high macro relevance.
What changed
Monetary policy regime shifts tied to 1970s cost-push shocks signal high macro relevance.
Why it matters
Monetary policy regime shifts tied to 1970s cost-push shocks signal high macro relevance. — impact context not separately stored; see What changed.
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Jun 14, 2026 07:03 AM ET