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The Fed Holds the Fed Funds Rate Steady—Because it Doesn’t Know What Else To Do

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If we read between the lines, it is apparent that the Fed is hoping that price inflation will fall to politically acceptable levels without any additional tightening, and without a recession.  But “hope” is all the Fed has. 

 

Original Article: The Fed Holds the Fed Funds Rate Steady—Because it Doesn’t Know What Else To Do


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