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Jerome C. Wakefield

Jerome C. Wakefield

3 commentaries

Jerome C. Wakefield is Professor of Social Work and Professor of Psychiatry at New York University and author (with Allan V. Horwitz) of The Loss of Sadness: How Psychiatry Transformed Normal Sorrow into Depressive Disorder.

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    While some economic indicators suggest that the recovery remains on track, others show that consumers may be stalling out, and that households and businesses are becoming increasingly pessimistic. The US Federal Reserve will have to respond more nimbly to economic softening than it did to strengthening in 2021.

     urges the Federal Reserve to keep its options open as it tries to restore price stability.
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