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Conor Sen: Fed Interest Rates Can Be the Wrong Tool
Raising them does fight inflation, but they don’t reduce risk in the financial system. The U.S. labor market poses a conundrum: The unemployment rate is at lows last seen 50 years ago, yet runaway wage growth or inflation is absent. This has left analysts and economists with a persistent and nagging question: When will the economy hit
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Posted: November 6, 2019 Wednesday 07:30 AM