Danielle DiMartino Booth: The Fed Is Still Behind The Curve
Monetary Matters with Jack Farley
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Intro
This chapter delves into the Federal Reserve's recent 50 basis point interest rate cut, marking a significant turning point in monetary policy. The discussion contrasts current strategies with those of past Fed chairs, particularly highlighting the aggressive approach reminiscent of Paul Volcker compared to Alan Greenspan's market-sensitive tactics.
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