Fed’s Stern Says 1990s Recession Offers Valuable Guide to Current Turmoil
The current profitable turmoil is comparable to the early
1990s, which can be a valuable guide to understanding what’s
next as the U.S. economy seeks to rebound into healthy growth, according
to one Fed official on Thursday.
Minneapolis Fed President Gary Stern, a voter on
FOMC who is known to tilt towards the hawkish viewpoint, said…
Original post by Mortgage News Daily - Mortgage And Real Estate News
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