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CLTL - Weekly Commentary: Revisiting 'Coin In The Fuse Box'
Invesco Treasury Collateral
Powell is struggling to reinforce flagging Federal Reserve credibility.
In the 1960s, Alan Greenspan was said to have commented the Great Depression was a consequence of the Fed having repeatedly placed "Coins in the Fuse Box".
Is all the hullabaloo really about consumer inflation fractionally below target? And will this be viewed as reasonable by the average American?