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Alan Blinder: The Fed’s Surprising Record With 'Soft Landings’ From Inflation
History shows that, with skillful decisions and some good luck, central bankers can defeat inflation without causing a recession. This week the Federal Reserve raised interest rates by 0.75 percentage point for the third time in six months, in an effort to combat inflation. The move made investors worry more about a recession, even though
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Posted: September 23, 2022 Friday 10:59 AM