Hammack: The market has shifted to a broader policy rate target
According to ChainCatcher, citing Golden Ten Data, Federal Reserve's Harker stated that he agrees with Federal Reserve's Logan's view that the market has shifted away from the federal funds rate, and now it is time to look more broadly for a policy rate target.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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