Some economists believe that the Fed itself has fallen into a very passive situation
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Aug 8
on the one hand, because the Fed has repeatedly publicly emphasized that it must rely on economic data to make corresponding decisions. On the other hand, due to the significant lag in economic data, the Fed will inevitably be half a beat slower if it fully follows the economic data to make corresponding monetary policy adjustments. Now the facts are moving towards an increasingly unfavorable situation for the Fed. After the economic data showed obvious weakness and the Fed made it clear that...
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