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7min chapter
Fed Leaves Rates Unchanged
Bloomberg Businessweek
Federal Reserve's Data Dependency and Challenges in a Bifurcated Economy
Exploring Jay Powell's cautious stance based on data dependency, the Fed's apolitical decision-making process, and challenges faced in a bifurcated economy. The chapter delves into inflation targets, market reactions, Powell's background, and the importance of supporting different sectors through liquidity measures.
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