https://www.bloomberg.com/news/articles/2023-08-21/fed-powell-to-meet-at-jackson-hole-as-high-rates-hurt-stocks-bonds
If they’d been offered today’s economy a year ago – with inflation downgraded from emergency to mere headache, still-low unemployment, and growth that’s slowed without stalling – the world’s top central bankers would’ve taken it like a shot.
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