In an article published by The Wall Street Journal, David Henderson, a research fellow with the Hoover Institution, reports that an increase in economic growth “must cause inflation to drop, and a reduction in growth must cause inflation to rise..."
The idea that an increase in economic growth leads to an increase in inflation -- and that decreased growth reduces inflation -- has been reflected endlessly in the media..
The Working Group on Economic Policy brings together experts on economic and financial policy to study key developments in the U.S. and global economies, examine their interactions, and develop specific policy proposals.