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2024-05-02 Donato Masciandaro

Declining Interest Rates and the Five Faces of the Fed

For months, analysts have been scrutinizing US economic indicators to understand when the Fed will cut interest rates. However, to grasp the choices of the US Central Bank, merely observing changes on the macroeconomic front isn't sufficient. There are, in fact, four other aspects to monitor: the political and bureaucratic faces, alongside the psychological and—last but not least—financial ones. Donato Masciandaro helps us understand them better.

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