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Higher For Longer | Robert Kaplan, Former Dallas Fed President & CEO
Forward Guidance
The Fed's Economic Outlook for 2020
In March 2020 we had a global recession probably unlike any other recession. How did the economy rebound and how do you characterize sort of the economic growth that happened then? We're still running right now at about, you know, in the neighborhood of 7 or 8% nominal growth. The Fed has got rates 5, 5 and a quarter and may need to do a little bit more.
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