Central Banks

Look for Newest Fed Policy Doves to Show Feathers Over Long Term

  • Three new Fed governors, 2 presidents won’t shift policy soon
  • Economists survey suggests a slight dovish tilt over time
Summers Says Fed Terminal Rate Above 5% Wouldn't Surprise
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Five new Federal Reserve policy makers are seen as having a slightly greater focus on employment than inflation, but don’t expect a swift impact from this dovish tilt, economists surveyed by Bloomberg said.