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Has the Transmission of US Monetary Policy Changed Since 2022?

Автор: IMF

Загружено: 2024-10-22

Просмотров: 31289

Описание: The US economy grew strongly after the Fed hiked rates in 2022. Was this because monetary policy was less effective than usual? Or did other factors just offset it? We show Fed policy was about 25% weaker than usual, but only temporarily.

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