Federal Reserve Forward Guidance Is Alive and Well
Jerome Powell, chairman of the U.S. Federal Reserve, smiles during an Economic Club of Washington discussion in Washington, D.C., U.S. (Photographer: Al Drago/Bloomberg)

Federal Reserve Forward Guidance Is Alive and Well

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(Bloomberg Opinion) -- The Federal Reserve has failed in its efforts to reduce the amount of forward guidance it provides. In the wake of the market turbulence that followed the December Federal Op...
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