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Back Fundamental analysis
Fed Officials Believe Time Is Needed
The Federal Reserve currently possesses the
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The Federal Reserve currently possesses the world's most valuable resource—time. This was stated by one of the Fed governors, Beth Hammack. According to her, the US economy is in good shape, and the Fed is well positioned to wait for further developments. Hammack believes that it takes time to understand whether the labor market is recovering and to what extent, thanks to the three rounds of monetary policy easing last year. If the recovery proves successful, the Fed's attention will
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Chin Zhao,
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