POPA ReconFed Chairman Kevin Walsh
Fed Chairman Kevin Walsh (Hon-gun faction, ex officio) 1. Prices are significantly above the target level (well a head of the 2% goal). The continued high prices are burdensome. Economic activity expands at a solid pace 2. Recent developments do not imply a prelude to inflation 3. The timing of the leadership change is an opportunity to review existing practices. Short and concise changes to the statement. Exclusion of existing expressions. Elimination of forward guidance that is not appropriate for current monetary policy 4. Refrain from submission projects of my own 5. Commitment to est…
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