Fed's Musalem Says Central Bankers Needn't Make Promises, But Should Tell The Public How And Why Central Bank Makes Policy Decisions; Central Banks Should Also Avoid 'exiting The Conversation Altogether,' Would Pose Risks In Terms Of Inflation
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Why It Matters
A Federal Reserve leader says central banks should explain their decisions clearly to the public. When people understand why banks make money choices, everyone can plan better.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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