Bill English on the Effectiveness of QE and the Consequences of Fed Losses
Macro Musings with David Beckworth
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Fed Chair Powell Is Invoking His Inner Pole Volcker, Right?
The most recent FOMC meeting was a big one, got a lot of news coverage. As we saw, this was the third consecutive 75 basis point rate hike. The Fed is effectively operating with a single laser-like focused mandate on inflation. It's still possible that the economy could just slow and generate a really big downturn during which they can do all they can to keep interest rates down.
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