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8min chapter
When Will America Get Its $25,000 Electric Car?
Bloomberg Businessweek
Federal Reserve's Cautious Approach to Inflation and Interest Rates
The chapter explores the Federal Reserve's strategy in dealing with inflation and interest rates, including a discussion on ongoing forecast revisions and the anticipation of economic developments. Speakers emphasize the importance of data analysis, past trends influencing predictions, and the challenges faced by the Fed in reaching a 2% Personal Consumption Expenditures goal. Uncertainties surrounding the post-pandemic economy, potential for a recession, and the unpredictable nature of monetary policy decisions are also addressed in the conversation.
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