Fed’s exit strategy was designed by Peter Pan, former central bank economist says

The Federal Reserve’s exit strategy is so unrealistic it seems to have been designed by Peter Pan from Neverland, said Vincent Reinhart, chief U.S. economist at Morgan Stanley and former top U.S. central bank staffer. “Peter Pan’s advice was to think of an impossible thing each morning. FOMC memb…

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Fed’s exit strategy was designed by Peter Pan, former central bank economist says

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