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September 01, 2020 10:18am
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Fed President: Central Bank ‘Should be Patient’ with Interest Rates

Last week, the Federal Reserve didn’t pull any rabbit punches on the capital markets by raising interest rates another 25 basis points to a range of 2.25 to 2.50. In order to mitigate the risk of a recession, Minneapolis Fed President Neel Kashkari said the central bank needs to exercise...
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