Powell’s points presentation: the Fed raises rates
The Intelligence from The Economist
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Is the Fed's Rathike an Admission of a Policy Mistake?
The feds rathike yesterday essentially an admission of a policy mistake. There is an interesting theoretical discussion to be about the way in which the fed conceives of monentary policy. It's a really fine line the fed has to walk right, figuring out how to dampen a man without tipping us into recession.
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