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The then and now of tightening cycles

Cohen-Setton, Jeremie, (2015), “The then and now of tightening cycles”, Bruegel publications, 14 Σεπτεμβρίου

What’s at stake: This week the Fed will be considering whether to raise its interest rate for the first time in nearly a decade. In a volatile context, the outcome of the struggle between those who want to normalize policy ASAP and those who worry about moving too quickly will be watched closely as it could provide clues on the likely destination and speed of travel towards normalization.

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