Thoughts From The Divide – Checking on the Dual Mandate

“Pervasive resource shortages” Wednesday saw the release of the Fed’s Beige Book, and though “growth downshifted slightly”, the deceleration was chalked up to either “concerns due to the rise of the Delta variant” (which, if cases are any indication, may be spreading less rapidly) or growth being hindered by “supply disruptions and labor shortages, as opposed to softening […]

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