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The Conversation USA

Federal Reserve hopes years of zero rates will spur inflation – but there are risks

  • Written by Richard S. Warr, Professor of Finance, North Carolina State University
imagePrices tend to go up over time.SelectStock/E+ via Getty Images

In a healthy economy, prices tend to go up – a process called inflation.

While you might not like that as a consumer, moderate price growth is a sign of a growing economy. And, historically at least, wages tend to go up at about the same pace during periods of inflation.

But right...

Read more: Federal Reserve hopes years of zero rates will spur inflation – but there are risks

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