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There Is No Landing For The Fed With Patrick Newman

Lead-Lag Live

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Is the Fed More Focused on the Psychology?

The Fed is now more focused on the psychological or behavioral aspects of monetary policy as opposed to just the set number of interest rates. Jeffrey Gunlott: Is that sort of a new phenomenon where moral situation is a bigger and bigger part of the Fed's trying to shape the future? "Words have always been a way that the Fed has tried to alter perception, which you can argue is manipulation," he says.

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