Why the Fed Can Afford to Pause
This morning, Federal Reserve Vice Chairman Kohn made the most explicit comment that we have heard from a central bank official to date about pausing in June. He said that the “economy, markets should gradually improve” and “monetary policy appears to be appropriately calibrated for now to promote [...]
Tuesday, May 27, 2008
3 Reasons Why the Fed Can Afford to Pause in June
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