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Why the Fed might be at ‘neutral’ already on monetary policy

Why the Fed might be at ‘neutral’ already on monetary policy

The writer is president of Yardeni Research and author of Fed Watching for Fun & Profit

Most Fed watchers seem to spend more time criticising the US Federal Reserve than watching it. It’s easy to do. Anyone can play the game and attacking the Fed is like shooting at sitting ducks: officials at the central bank can’t respond directly given their public role.

Recently, Fed chair Jay Powell has been skewered by his critics for claiming…


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