7.RL.4: Word Meaning and Analysis of Sounds in the Poem ...

In a speech in Jackson Hole in August, he noted how hard the natural rate is to pin down in real time: It was higher than widely assumed in the 1970s and lower in the 1990s. A footnote to that speech suggested it might differ in the short and long runs, implying the long-run 4.5% estimate carries little weight in Fed deliberations. ................
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