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PST - MacroView: 5 Reasons The Fed's New Policy Won't Get Inflation
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At the recent Jackson Hole Economic Summit, Jerome Powell unveiled the Fed's new monetary policy designed to create inflation. In today's #Macroview, we will discuss the 5 reasons why the Fed will not get inflation, and why deflation is the bigger risk.
The current assumption is that the Fed's new policy will lead to higher inflation.
"The new policy regime is an important evolution in our thinking about how to achieve our goals and another step toward greater transparency, The policy change positions us for success in achieving our maximum employment and price stability goals