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Are we in the Goldilocks Zone?

At their May 2018 meeting, the Federal Open Market Committee – which is the policymaking arm of the Federal Reserve – decided to leave rates alone. Here is exactly what the Fed said in their statement:

"In view of realized and expected labor market conditions and i...

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Despite what you might think, the Fed does not set economic policy

While the Federal Reserve’s decisions certainly impact the US (and global) economy, it’s important to know that the Fed does not set economic policy. The Fed does, however, control monetary policy in an attempt to influence the dir...

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A Driving Force on the Economic Scene Even casual observers of financial news know that “Fed watching” is a serious activity in the financial and business communities. Currently, Janet Yellen is Chair of the Board of Governors of the Federal Reserve System, commonly known as the “Fed.” An understan...

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