The U.S. Federal Reserve’s experiment with running a “hot” economy has edged into historically uncharted territory, with an unemployment rate never reached without associated central bank rate increases and now levels of inflation that in the past also prompted a policy response.
— Read on www.reuters.com/markets/us/feds-hot-economy-experiment-offers-historic-bet-soft-landing-high-prices-2021-12-10/
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