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8.25.25 The end of affirmative action, the Fed’s possible rate-cuts, and the Americans with Disabilities Act

The World and Everything In It

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Market Reactions and the Fed's Future

This chapter explores insights from Fed Chairman Jay Powell's speech at the Jackson Hole Symposium, signaling possible interest rate cuts amid inflation and employment concerns. It discusses the complexities of monetary policy, including the role of the futures market and the evolution of quantitative measures since the financial crisis. Additionally, the chapter examines the uncertain future of the Federal Reserve's leadership and its implications for economic strategy.

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