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What Now From The Fed?

What Now From The Fed?

4 Years ago | September 20, 2015 00:00:00

John M. Bland


Yellen Throws A Curve

Even through Chair Yellen downplayed the results of its September policy meeting, she announced changes to policy that blindsided the markets. Up until now, the focus of Fed policy was clearly on job creation and average earnings. After announcing no change in policy as the markets were expecting, Yellen indicated that a primary aim of policy is now to lift inflation to its medium term t

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