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This post attracts eleven lessons for the Fed from those papers and conversations. A video with the conference and conference drafts in the papers can be obtained below.
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I believe the real dilemma was from the composition of the steerage: precisely how the conditioning was put in place in terms of the financial variables that may be affiliated with liftoff [increasing charges]. And particularly, the guidance discussed situations for both equally inflation and employment—using an ‘and,’ which is very important.
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[Situations] can assist clarify The existing financial evaluation and conditions that will induce policymakers to vary that assessment.
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