Economic Review: November 2021 The short-term interest rate remains near zero as the Fed continues its accommodation policy and steadily monitoring data for signs of persistent broad-based inflation. Inflation has been a concern for the past months. The...
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Economic Review: October 2021
Economic Review: October 2021 Federal Reserve Chairman, Jerome Powell, announced that the timeline to start tapering the $120 billion monthly asset purchase “may soon be warranted.” It could be appropriate to begin reducing the pace of asset purchase later...