Quoted: David Blanchflower on the Fed’s Rate Hike


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“We need to see actual improvement, and if we don’t, then, they talked about it, they don’t rule out the possibility that they might have to reverse this,” says Dartmouth’s David Blanchflower during a Bloomberg Business panel discussion about Wednesday’s Federal Reserve rate increase.

Blanchflower is the Bruce V. Rauner Professor of Economics.

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