Ellen Meade on Transparency, Independence, and Lessons for the Fed’s Next Framework Review
Macro Musings with David Beckworth
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Is the New Framework the Issue?
The new framework is very specific. It deals with what had been a trend down in the neutral interest rate over a couple of decades. I think that just became irrelevant onc simpilation had gone so high, and you could then say, let's revert to the old framework which was more like flexible inpulation tarkening.
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