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Cornell emeritus Dave Collum says the Fed’s tolerance for 3.4% inflation is misguided, arguing policymakers may be understating the true pace of price growth. H

BWB News TV • 2026-08-12 15:01 UTC • By Billy Odell Tucker-Robinson
Cornell emeritus Dave Collum says the Fed’s tolerance for 3.4% inflation is misguided, arguing policymakers may be understating the true pace of price growth. H
Cornell emeritus Dave Collum says the Fed’s tolerance for 3.4% inflation is misguided, arguing policymakers may be understating the true pace of price growth. He says the critique fits broader doubts over official data and rate-cut logic.
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