The debate over Knut the polar bear's life: A metaphor for the Fed's decisions : The Indicator from Planet Money When Knut the polar bear was rejected by his mother at the Berlin Zoo, a debate caught fire over whether it was more humane to keep him alive or euthanize him. Today, as the Fed raises interest rates again, another polar bear is in danger: The economy.

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Killing the economic polar bear

Killing the economic polar bear

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JOHN MACDOUGALL/AFP via Getty Images
Children take pictures of Knut
JOHN MACDOUGALL/AFP via Getty Images

To euthanize or save? When Knut the polar bear was born into captivity, he was rejected by his mother. A well-intentioned zookeeper stepped in to raise him, but many argued that euthanizing the bear was more humane. Today, using the polar bear as a metaphor for the economy, are we going to kill it or save it?

According to two economists from BlackRock, there should be a louder debate about the tradeoffs between fighting inflation and well, killing, economic growth. As the United States Federal Reserve continues to hike interest rates, what will be the ultimate decision?

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