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A ‘Credibility Shock’ Looms Over the Fed

The New York Times – Business:

Bonds sold off sharply after the Federal Reserve’s latest rate decision, signaling growing turmoil between the markets and the central bank.

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This post first appeared in The New York Times – Business. Read the original article.

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Federal Reserve System, Inflation (Economics), Interest Rates, internal-storyline-no, Standard & Poor’s 500-Stock Index, Stocks and Bonds, Trump, Donald J, Warsh, Kevin M
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