Quoted: David Blanchflower on the Fed’s Next Move


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“The markets don’t believe the Fed. I said at the time of the December raise it was a mistake and gave a 50/50 chance that the next move would be a cut,” said Dartmouth’s David Blanchflower in a Reuters story published by The Globe and Mail.

Blanchflower is the Bruce V. Rauner 1978 Professor of Economics.

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