Can we hit a Soft Landing? ft. Joseph Politano
The New Liberal Podcast
00:00
The Fed Is Raising Interest Rates on Loans?
The Fed is raising or lowering IORB interest on reserve balances to control short-term interest rates. The idea of what they're trying to do is say we're trying to achieve in the federal service case, it's two-handed objective. That keeps inflation expectations anchored, that keeps inflation low and over time that also ensures you're at or near full employment.
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