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Chicago Fed president defends dot plot as he says interest-rate plateau may be warranted next year

Por: MarketWatch Politics September 27, 2022

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“Think how much uncertainty and costly volatility we would have unnecessarily generated this past year if we had not augmented our policy moves with guidance about our plans for the ultimate level for the federal funds rate,” said Evans. “Indeed, in this rate cycle the information in the SEPs and other Fed communications likely has strongly assisted in tightening financial conditions quickly and substantially without the large dislocations... + full article



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