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Clive Crook: Fed’s Job Would Be Easier With Smarter Fiscal Policy
Automatic stabilizers and a non-partisan fiscal council could help public borrowing respond more effectively to business cycles. Federal Reserve Chair Jerome Powell briskly dispensed with the idea of raising the central bank’s inflation target in his speech at the Jackson Hole conference last week. But the idea isn’t going away. It has
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Posted: August 29, 2023 Tuesday 06:30 AM