Bessent urged the Fed to keep an open mind on monetary policy as the private sector faces a demand shock, with deregulation helping lift supply. He pointed to the Fed’s mid-1990s flexibility under Greenspan, not the ECB’s 2008 oil-shock response.
published
Bessent urged the Fed to keep an open mind on monetary policy as the private sector faces a demand shock, with deregulation helping lift supply. He pointed to the Fed’s mid-1990s flexibility under Greenspan, not the ECB’s 2008 oil-shock response.
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