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Narayana Kocherlakota: What the Fed Could Learn From Canada
It’s hard to meet goals without deadlines. The U.S. Federal Reserve has developed a pretty poor track record for meeting its inflation and employment goals. If it wants to do a better job, it should follow Canada’s example and set some deadlines. More than four decades ago, Congress mandated that the Fed’s monetary policy pursue two
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Posted: August 23, 2019 Friday 07:00 AM