Quoted: Andrew Levin on the Fed’s Next Interest Rate Move


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“The F.O.M.C.’s near-term strategy has become so opaque that even the most seasoned analysts can only guess what policy decisions may be forthcoming at its upcoming meetings,” says Professor of Economics Andrew Levin in a New York Times story about Federal Reserve Chairwoman Janet Yellen and the question of whether the Fed would raise interest rates at today’s meeting.

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