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Nominal GDP Outlook Suggests It's Time to End Monetary Accommodation
Abstract: We argue that the policy response to COVID-19 has been broadly on track to date but that continued monetary accommodation (lowering interest rates or purchasing assets) risks fueling excessive inflation.
Keywords: Monetary Policy; Inflation; COVID-19; Economic Conditions;
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https://www.dallasfed.org/research/economics/2022/0113
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Provider: Federal Reserve Bank of Dallas
Source: Dallas Fed Economics
Publication Date: 2022-01-13