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Manhattan Institute Issues Commentary to Wall Street Journal: The Fed's Latest Problem - A Strong Economy
March 05, 2024
NEW YORK, March 5 -- The Manhattan Institute issued the following excerpts of a commentary on March 3, 2024, to the Wall Street Journal:

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The Fed's Latest Problem: A Strong Economy

By Mickey D. Levy

Improving productivity and better-than-expected growth make it risky to cut interest rates too much.

The economy is looking up, and that's a challenge for the Federal Reserve. The pandemic shock prompted excessive monetary and fisc . . .

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