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Feds Are Ready to Step in If the Economy Tanks
A senior Federal Reserve official said Monday that the U.S. central bank is prepared to step in with emergency rate cuts if the economy sinks. The Feds think the markets are overreacting if you can believe them. Austan Goolsbee, president of the Federal Reserve Bank of Chicago, told CNBC’s “Squawk Box” on Aug. 5 that […]
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