Kathy Jones on the Current Economic Slowdown, Quantitative Tightening, and the Fed’s New Framework
Macro Musings with David Beckworth
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What Will Chairman Powell Say?
It will be interesting to see what comes out of those meetings. The channel that's most important is signalling, he says. When we get to a point where the bed drops the fetons rate to zero and engages in c e, that's a real signal to the market. But i'll confess, i'm not sure how important it is in a big sense, other than in the midst of crisis.
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