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Jason Furman on the Fed, Inflation, & the Outlook for the U.S. Economy

Barron's Live

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The Importance of Productivity Growth

Frankly, I don't think you can improve that much on where interest rates are right now. Our star is where interest rates need to be In normal times so that the amount of borrowing that people want to do and the amount of lending They want to do sort of lined up with full um full employment. Productivity growth has been slower than it was prior to the pandemic. Are we going back to our old productivity growth?

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