Kashkari: Fed needs new approach to monetary policy

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Kashkari: Fed needs new approach to monetary policy

By Staff Report / Thursday, May 16th, 2019 / Comments Off on Kashkari: Fed needs new approach to monetary policy

Updated on May 24: A too-tight monetary policy has left the Federal Reserve with little in its tool belt to respond to a future economic downturn, leaving it questioning the very framework it uses. That was the basis of a presentation by Neel Kashkari, president and CEO of the Federal Reserve Bank of Minneapolis, who…

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