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2min chapter
Jeffrey Lacker on Governance at the Federal Reserve
Macro Musings with David Beckworth
Analyzing the Effect of the Federal Reserve's Policy Framework and Forward Guidance
This chapter explores a paper that examines the impact of the Federal Reserve's adoption of the 2021 framework and forward guidance. It highlights a notable sentence suggesting the need for effective challenges to the majority view in the decision-making process, coming from mainstream economist Gotti and long-time Fed veteran Don Cohen.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode