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Bill Dudley: The Fed Can Fight Both Inflation and Bank Contagion
The central bank doesn’t have to sacrifice its monetary policy goals to calm turmoil in the financial sector. The US Federal Reserve is facing increasing pressure to sacrifice its monetary-policy goals for the sake of financial stability, on the grounds that its interest-rate increases are to blame for the turmoil in the banking sector. This is
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Posted: March 21, 2023 Tuesday 05:00 AM