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3,2,1...Liftoff. What Does 'Liftoff' Really Mean in Fed Policy?

Jane E. Ihrig and Scott Wolla
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Jane E. Ihrig: https://www.federalreserve.gov/econres/jane-e-ihrig.htm

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Abstract: Liftoff is when the FOMC raises the target range for the federal funds rate from a near-zero level.

Date: 2022-02-02
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