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What is structural unemployment? Definition and meaning

Structural unemployment is unemployment not caused by a dip in the business cycle, but something more long-term, such as technology.

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The Asymmetric Federal Reserve Objective | naked capitalism

The Fed’s objective is asymmetric, with inflation overshoots being more costly than undershoots. Using data from the Summary of Economic Projections it shows that the Bernanke Fed was too hawkish, the Yellen Fed was too dovish, and the Fed under Jerome Powell has at times been too hawkish and too dovish.

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The Asymmetric Federal Reserve Objective

By Narayana Kocherlakota, Lionel W. McKenzie Professor of Economics University of Rochester. Originally published at VoxEU. The Federal Reserve has a mandate…

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Fed likely will keep raising rates for some time

Fed likely will keep raising rates for some time
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As Recession Fears Grow, Consumers Tap Savings While Banks Sock Away Cash

Cash savings rates for many banks have reached decade-highs. In contrast, savings rates for individuals have reached decade-lows.

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