UPDATE 1-Fed’s Rosengren calls for better ammunition for economic downturns
05 Sep UPDATE 1-Fed’s Rosengren calls for better ammunition for economic downturns
Posted at 22:32h
in
News
by KMFSLLP
U.S. fiscal and
monetary policymakers are not adequately fortified to battle a
future economic downturn and need to do more to prepare,
according to research by a Federal Reserve regional president
that suggests that the U.S. central bank needs support from
fiscal policymakers to be effective.
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