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Alan Blinder: Powell’s Very Slightly Hawkish Signal From Jackson Hole

After preaching urgency about inflation in 2022, the chairman says the Fed is ‘in a position to proceed carefully.’ This is a tale of two Jackson Holes. Actually, there is only one Jackson Hole. It’s in Wyoming, and it’s one of the most beautiful places on earth. Every August, the chairman of the Federal Reserve Board travels there to open

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Posted: September 5, 2023 Tuesday 05:34 PM