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Message to the Fed: Here Are a Few Things That You Can’t Do
[A]sset purchases are not on a preset course, and the Committee’s decisions about their pace will remain contingent on the Committee’s outlook for the labor market and inflation as well as its assessment of the likely efficacy and costs of … Continue reading
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Tagged business fixed investment, capital expenditures, corporate cash, credit market liabilities, disposable personal income, financial obligation ratio, FOMC statement, household debt service, household financial obligations, housing boom, job creation, monetary intervention, mortgage demand, mortgage rate spread, net business debt, personal income, wealth effects
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