Arthur Burns: shorthand for Fed failure?
Podcast: The Indicator from Planet MoneyPublished On: Thu Feb 02 2023
Description: History remembers Arthur Burns as the Fed chair who let inflation run rampant. That's precisely the outcome that current Fed chair Jerome Powell wants to avoid. Today, we look back at the '70s to find out what went wrong.For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
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