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How Quickly Rate Increases Slow the Economy Could Shape 2023 Fed Policy
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Federal Reserve officials’ deliberations this week over how much more to raise interest rates will hinge on how much they expect the economy to slow this year.
Key to those discussions at their two-day policy meeting will be estimating how much their previous rate increases will cool growth and inflation over time, or what Nobel Laureate Milton Friedman called the “long and variable” lags of monetary policy.
Read more on wsj.comAbout this in other media
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