Fed’s Stance | Fading Federal Support | Accelerated Dependence on Large Companies
Fed Reaffirms its Dovish Stance: The Fed unveiled significant changes to its policy goals following its 18-month, comprehensive framework review. As anticipated, the Fed formally adopted flexible average inflation targeting. But, somewhat unexpectedly, it tweaked its employment mandate to be more asymmetric, so that low unemployment presents less need for tightened policy so long as…
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