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Fed Chair Powell and the New Rules of Monetary Policy

Mercatus Policy Download

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What Are You Expecting the Fed to Do?

The latest numbers from the summary of economic projections indicate a little overshoot may be in the works. So it will be interesting to see if they actually tolerate even just a little bit of an overshoot. The balance sheet is going to be an issue or they really should go below zero interest rates, he says.

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