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Caroline Baum: The Fed should heed the bond market and slash interest rates


The markets convey vital information to guide the Fed. This week’s main event takes place on Friday, when Federal Reserve Chairman Jerome Powell kicks off the Kansas City Fed’s annual economic symposium in Jackson Hole, Wyo. Financial markets will be listening closely for hints about the near-term direction of monetary policy. How will

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Posted: August 22, 2019 Thursday 09:05 AM