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Posts Tagged: “neutral interest rate“
April 16, 2019
・SchiffGold commentary
The Fed Is Chasing Unicorns
Last November, Fed Chair Jerome Powell said interest rates were “just below the broad range of estimates of the level that would be neutral for the economy.” This was the excuse for the central bank’s monetary policy 180 and set the stage for the “Powell Pause.” Central bankers are perpetually on a quest to find […]
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