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Jonathan Clement's Blog: How Low? Too Low: "“Moderate Long-Term Interest Rates”
FYI: IT’S WIDELY assumed that the Federal Reserve, our nation’s central bank, has two mandates: maximum employment and stable prices. But a closer look at the Federal Reserve Act of 1977 on the Federal Reserve’s very own website reveals a third mandate, namely “moderate long-term interest rates.” Regards, Ted https://humbledollar.com/2019/09/how-low-too-low/
