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www.clevelandfed.org
| | 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...
| | www.soberlook.com
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| | Guest post by Norman Mogil Ever since the 2008 financial crisis, there has been a persistent shortage of high-quality government debt. Mo...
| | www.brookings.edu
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| | The Federal Reserve likely will need to push unemployment far higher than its 4.1 percent projection if it is to succeed in bringing inflation down to its 2 percent target by the end of 2024 according to this BPEA report.
| | www.spokesman.com
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