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Neel Kashkari: The US Federal Reserve should use forward guidance now
The global economy is slowing, US business investment has stalled and the yield curve, which reflects market expectations of future interest rates, has inverted — a quirk that preceded previous recessions. How should monetary policy respond? The Federal Open Market Committee, of which I am a participant, will consider this question at
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Posted: August 21, 2019 Wednesday 10:00 AM