Markets 'married to 1987' economic models, Fed policy more forward-thinking, says economist - CNBC

CNBC
Markets 'married to 1987' economic models, Fed policy more forward-thinking, says economist
CNBC
Federal Reserve policy and mechanism has kept up with the pace of technological change while markets are stuck in the past, according to an economist. "First of all, we markets are married to 1987 models of the Phillips Curve, the relationship between ...

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(Source: Market News via Google News)