In past decades, birth rates and inflation have posted a very strong correlation in the U.S., should this be added to the Fed's mandate? I could not tell, but according to the U.S. Census Bureau, birth rates are seen extending its downward trend, which could mean lower rates
Perhaps, inflation might be transitory after all. However, despite how high the inflation rate is at the moment, the incentives to slow population growth are null if we keep in mind that birth rates and immigration tend to lead growth too. Real GDP is tied to productivity and the size of the labor force, shrinking these = growth negative
If the demographic trend is set to continue, then the U.S. might be forced to introduce a softer immigration policy, this is hard to picture in the next couple of years
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