... campaign in decades. Those rate cuts aggravated inflation, though. Charles Calomiris, professor at Columbia University's Graduate School of Business, believes the Fed should be more focused on inflation fighting: "The Fed needs to raise ...

... the financial crisis and seek regulatory improvements to avoid its repetition. Hubbard, who was chairman of the President's Council of Economic Advisers from 2001 to 2003, is dean of Columbia University's Graduate School of Business.