Is the Economy Getting Harder?

Central banksn the fed, have a really tough time on their hands because their dual mandates are somewhat conflictingd. The challenge is that in many ways of measuring it, the economy is already softening. That doesn't necly mean a recession or anything like that, but it just means a softer period for the economy. And so basically, instead of being kind of a counter sychlical force, they're forced to be like a pro syclical force.

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