Bernanke: The Fed's shifting perspective on the economy and its implications for monetary policy

The headline on a recent piece by Ylan Mui of the Washington Post-"Why the Fed is rethinking everything"-captured the current moment well. The Federal Reserve has indeed been revising its views on some key aspects of the economy, and that's been affecting its outlook both for the economy and for monetary policy. In this post […]                ...(read more)

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