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In our previous “Insights” blog, we provided a basic understanding of the Federal Reserve Bank and its objectives. As you recall, the two main objectives are stable price growth and full employment. Taken together, the Fed (with an appropriate monetary policy) may be able to effect and promote sustainable economic…
All good things must come to an end. The cascading of bad news at the end of September was finally too much for what had been a historically resilient stock market. Global supply chain disruptions, soaring energy prices, COVID-19, stalled infrastructure bills, inflation worries, Chinese contagion fears, and a looming…