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Inflation doesn’t justify Fed move this year, Sufi says
Amir Sufi is one of the brightest young stars in the economics profession. An economics professor at the University of Chicago, Sufi is co-author of the book “House of Debt” called the best economics book of 2014 by former Treasury Secretary Larry Summers . In it, Sufi and his co-author Atif Mian of Princeton, argued that the financial crisis was caused by overly indebted households. In an interview with MarketWatch, Sufi discussed the outlook for household debt, especially student loan and subprime auto loans, the housing market and his slightly renewed optimism about the economy. He said he thought a mid-year ... (full story)
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