Tag Archives: rationalizing the risk identity

EPI’s Statement on the Fed’s Rate Hike

http://www.epi.org/press/fed-should-return-to-setting-policy-by-evidence-not-autopilot/?utm_source=Economic+Policy+Institute&utm_campaign=ed09e5e05b-EMAIL_CAMPAIGN_2017_06_16&utm_medium=email&utm_term=0_e7c5826c50-ed09e5e05b-58142357&mc_cid=ed09e5e05b&mc_eid=326484247d *** EPI’s Josh Bivens says that the last rate hike does not align with objective reality. The Fed, however, contends that its policy program is reactive, not proactive. Again, keep in mind, what we have here is an inverse-identity … Continue reading

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