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Fed’s Collins: Timing seems appropriate to begin easing monetary policy

  • Policy is well-positioned, wants gradual, methodical approach to cutting
  • There is a clear path to achieving Fed’s goals without unneeded downturn

I’m starting to think “policy is well-positioned” is a code for saying that 50 bps isn’t needed.

This article was written by Adam Button at www.forexlive.com.

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