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Fed Fails To Cool Economy By John Cunniff AP Business Analyst
The economy shows ongoing overheating despite government efforts, with inflation controls and fiscal monetary policy clashing. Analysts note the Fed briefly increased money supply in mid to late year, undermining tax cuts and spending reductions, fueling inflation while GDP rose, signaling a delayed slowdown.
MENTIONED IN THIS ARTICLE
John Cunniff
NEW York
United States
Federal Reserve Board
Fed
St. Louis
Concord
N.H
State Liquor Commission
John W. King
New Hampshire Traffic Safety Advisory Council
New Hampshire