Hoover Daily Report | November 18, 2025
Update: 2025-11-18
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Today, John Cochrane employs an oceanic metaphor to explain what inflation is—and isn’t; Raghuram Rajan offers a word of caution to the Federal Reserve regarding market expectations; and Eric Hanushek spells out the significant economic costs of declining student achievement over the last decade.
Hoover Daily Report | November 18, 2025
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