Nicholas Economides
ON THE RECORD · 4 verbatim quotes · every quote source-verified
“If inflation is caused by supply factors, it doesn’t make sense to try to cure it by increasing interest rates because it won’t work,”
Nicholas Economides · said date not stated · reported 2026-10-28
Economides said raising interest rates is not an effective cure for inflation caused by supply-side factors.
“Even if the Fed were to do something radically different, the economy would not have time to adjust before the elections,”
Nicholas Economides · said date not stated · reported 2026-10-28
Economides argued that even a radical Fed move would leave no time for the economy to adjust before the elections.
“not take any radical action,”
Nicholas Economides · said date not stated · reported 2026-10-28
Economides said the proximity of the midterm elections makes it more likely the Fed will avoid radical action.
“It will slow down the economy at a time in which you don’t want it to slow down.”
Nicholas Economides · said date not stated · reported 2026-10-28
Economides warned that raising rates for supply-driven inflation would slow the economy at an undesirable time.