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Can we hit a Soft Landing? ft. Joseph Politano
The New Liberal Podcast
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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