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Is Jay Powell lucky or good?

Policy, happenstance and the soft landing

©The Financial Times Limited 2020 Sep 3, 2024 / 12:45 PM IST
All Rights Reserved. FT and Financial Times are trademarks of the Financial Times Limited Not to be redistributed, copied or modified in any way.
Fed chair Powell’s 2022 Jackson Hole speech was about readiness to inflict pain, and everyone pretty much expected that pain to come
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