Charles Calomiris & Peter Ireland

Charles W. Calomiris is an Emeritus Professor of Finance at Columbia University. Peter Ireland is a professor of Economics at Boston College.

Sep 2, 2025

Economists Can Solve the Fed's Tariff Problem

Higher tariffs are often thought to present a problem to monetary policymakers at the Federal Reserve (Fed).  Tariff shocks raise prices and reduce output and employment, which...