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Business, 11.05.2021 23:10 Abbymay17

In​ mid-2019, an article in the Wall Street Journal quoted an investment analyst as stating that​ "heightened expectations of a​ [federal funds] rate cut may now force the Fed to act sooner than intended to avoid disappointing the market and driving up​ stocks' volatility over the​ summer." ​Source: Jessica Menton and Nathan​ Allen, "U. S. Stocks Edge​ Lower, Extending​ Losses," Wall Street Journal​, June​ 12, 2019. Is avoiding volatility part of the​ Fed's dual​ mandate?

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