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Fed Chair Powell and the New Rules of Monetary Policy

Mercatus Policy Download

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Is the Fed Going in a Different Direction?

David and Gina, you've been watching the Fed for a long time. I'm curious if these sorts of, maybe at least rhetorical changes from Powell and Gina are actually there. Are these just rhetorical changes? The Fed is just a different communicating style. Or do you all think that there's something here? Like is the Fed going in a fundamentally different direction under Powell than it was under Yellen?"

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