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Two new research papers explore the ongoing question of how central banks lower inflation by raising interest rates.
John Cochrane shared the publication of these papers and highlighted their focus on the relationship between monetary policy and inflation.
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Cochrane has previously called for student loans to be returned to the private sector, favoring fintech over government intervention, in earlier remarks on education finance. He also predicted that the European Central Bank could further ease its rules and launch a new support initiative, according to his forecast on ECB policy. These prior positions add context to his latest comments on monetary policy and inflation.