Ricardo Reis is the A.W. Phillips Professor of Economics at the London School of Economics. Recent honors include the 2002 Carl Menger prize, the 2021 Yrjo Jahnsson medal, election fo the Econometric Society in 2019, the 2017 BdF/TSE junior prize, and the 2016 Bernacer prize. Professor Reis is an academic consultant at the Bank of England, the Riksbank, and the Federal Reserve Bank of Richmond, he directs the Centre for Macroeconomics in the UK, and he serves on the council or as an advisor of multiple organizations.
Bringing inflation down after it has risen sharply but only recently is relatively easy: raise policy interest rates, quickly, and persist until inflation starts coming down and expectations of future inflation are solidly re-anchored. But as Professor Ricardo Reis of the London School of Economics explains in a new research report to be published this […]
