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The FED Behind The Curve

Published on
April 27, 2022
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With the FED's official objectives of both price stability and maximum employment, the latest round of macro data has economists questioning FED  rhetoric.

On the one side, US March 2022 headline inflation came in at 8.5%, whilst unemployment is projected to reach 3% by year end, a level not seen since the 1950's.

So should the FED be raising rates faster? And if so, why aren't they?

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