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Higher For Longer | Robert Kaplan, Former Dallas Fed President & CEO
Forward Guidance
The Importance of Deliberation at the Fed
The nature of the organization is to get along, agree, not disagree. So for me, when you know you're pointed in it in a direction north, south, east or west, then most of the disagreements are about matter of degree tactics. I don't view those as massive disagreements. If there's a strategic direction disagreement, should we keep mind bonds in the size we are? That's a strategic disagreement. And that's one worth having a big, big fight over," he says.
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