Fed's Musalem Says Delegated Power Over Interest Rates Also Obligates The Fed Too Explain How And Why That Power Is Used; If The Public Understands The Framework, Private Expectations LINE Up With The Fed's Intentions, Improves Trade-offs Between Inflation And Employment; A Predictable, Explained Framework, Is Part Of What Makes A Central Bank Democratically Legitimate

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Fed's Musalem Says Delegated Power Over Interest Rates Also Obligates The Fed Too Explain How And Why That Power Is Used; If The Public Understands The Framework, Private Expectations LINE Up With The Fed's Intentions, Improves Trade-offs Between Inflation And Employment; A Predictable, Explained Framework, Is Part Of What Makes A Central Bank Democratically Legitimate | 웨이프 WAPE

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