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uneasymoney.com | ||
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www.atlantafed.org
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| | | | | The Atlanta Fed's GDPNow tool is watched closely these days amid concerns about inflation and the Fed's raising of the fed funds rate. Read Economy Matters for a look at what the GDPNow is and what it is not. | |
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croakingcassandra.com
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| | | | | Former chairman of the Federal Reserve Board of Governors (and FOMC) Ben Bernanke was yesterday the first of two keynote speakers at the Reserve Bank's conference to mark 35 years of inflation targeting, which first became a formalised thing here in New Zealand. He indicated that he'd be speaking about inflation targeting in general and... | |
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www.frbsf.org
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| | | | | The Federal Reserve has evolved since the "Great Inflation" of the 1970s. With new tools and a deeper understanding of the importance of transparency, it is better prepared to meet the dual mandate goals of price stability and full employment, even in challenging times. The following is adapted from remarks by the president of the Federal Reserve Bank of San Francisco to the Los Angeles World Affairs Council & Town Hall on February 23. | |
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www.moneyandbanking.com
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| | | Since May 2021, we have criticized the Federal Reserves lagging response to surging inflation. In our view, both policy and communications were inadequate to address the looming challenge. Early this year, we argued that the Fed created a policy crisis by refusing to acknowledge the rise of trend inflation, maintaining a hyper-expansionary policy well after trend inflation reached levels far above their 2% target, and failing to articulate a credible low-inflation policy. Against this background, we comm... | ||
