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https://www.foreignaffairs.com/world/age-of-inflation-kenneth-rogoff?check_logged_in=1&utm_medium=promo_email&utm_source=lo_flows&utm_campaign=registered_user_welcome&utm_term=email_1&utm_content=20221203 Read the online articles then answer: The author mentions two main reasons (one political and another theoretical) which prevented the Fed from taking timely

https://www.foreignaffairs.com/world/age-of-inflation-kenneth-rogoff?check_logged_in=1&utm_medium=promo_email&utm_source=lo_flows&utm_campaign=registered_user_welcome&utm_term=email_1&utm_content=20221203

Read the online articles then answer:

The author mentions two main reasons (one political and another theoretical) which prevented the Fed from taking timely action in containing the COVID related inflation problem. Discuss how both factors are explained?

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