The Fed Needs a Radical New Approach
Jerome Powell, chairman of the U.S. Federal Reserve, arrives for a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., U.S. (Photographer: Andrew Harrer/Bloomberg)

The Fed Needs a Radical New Approach

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(Bloomberg Opinion) -- In the past couple of months, the flaws in the Federal Reserve’s management of the economy have become hard to ignore. The central bank’s current way of doing things is incre...
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