Appropriate to support sustained expansion of Economic Activity strong labor Market Conditions and inflation near the committees symmetric 2 percent objective the fed added they will also continue to monitor Global Economic conditions as they develop which could alter their plan of action and for more on this were going to be joined today by Richard Wolfe professor of economics and host of economic update press well thank you so much for joining us today. Glad to be here no no i want to start with the fetid signaling they dont want to alter rates over the next decade does this point to the central bank thinking were out of the weeds of this economic downturn or is it more of a fear that low rates may be the new normal or are they just trying to stick to President Trump what do you see going on here. I think theyre marching along a very narrow lie and they are listening to President Trump even in ways that most economists think they shouldnt but theyre also trying to show that they have
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