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Fed Gets New Excuse to Keep Tightening Rates
at 2006-04-04 01:44:49

Short version: A group of Fed researchers presented a paper that rebuts the slack in the labor market argument. The Fed, therefore, is likely to continue its rate hikes beyond the expected 5% funds rate. Long version: Keep reading . . . In 2004 Katharine Bradbury, a Senior Economist at...

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