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looking beyond borders

foreign policy and global economy

Fed Raises Rates, But Smooth Liftoff Doesn’t Signal Mission Accomplished

The Federal Reserve deserves praise for managing once again to carry out a tricky transition without causing disruptions in financial markets and creating too much risk for the real economy. Sustaining this success will require more than just the central bank’s continued responsive policy making, Mohamed El-Erian writes for Bloomberg.

Read Here – Bloomberg

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