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The Fed: Fed’s Evans sees no need for ‘extra’ restrictive rate hikes like the kind that caused recessions 40 years ago

The Fed: Fed's Evans sees no need for ‘extra' restrictive rate hikes like the kind that caused recessions 40 years ago

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In the 1970s and 1980s, Federal Reserve policy often caused recessions to get inflation down. It might not have to take such draconian steps this time, said Chicago Fed President Charles Evans on Friday.

...read full article on Market Watch

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