2020 June, 15, 06:44:11 PM

The Central Bank Need To Be More Prepared To Support Economy

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Forexlive.com - Federal Reserve needs to be prepared to do more to support economy if needed

Keeping current a highly accommodative policy until economy has largely recovered what's been lost

With inflation low, Fed can seek upside potential of the full employment goal

Fiscal policy makers must commit to sustained investment in an economic future

Much more will be needed than trillions already spent on emergency economic relief

Low interest rates mean public spending is relatively cheap, easy to finance

Pay off from public spending potentially huge

Calls for public investments in health infrastructure access, care

Calls for more public investment in education, digital infrastructure

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