National University System Institute for Policy Research




(858) 642-8498 Get Started

Fed: Interest rates won't go up 'til unemployment goes down

Jonathan Horn, U-T SAN DIEGO

Wednesday, June 19, 2013

View Article

But Kelly Cunningham, economist at the National University System Institute for Policy Research, said the Fed should have started to scale back the stimulus because it is making the country vulnerable to inflation.
"When they start to pull back I think that’s going to cause a huge disruption in the economy," he said. "We need to go through that as a country, as an economy, and I think it'd be better to take our medicine now rather than postponing it. We just need to get off this artificial stimulus."