Back to the #39;70s as Fed fuels boom and hopes for no Burns marks

Fed Chair Jerome Powell and his colleagues are betting the economy can take off from the COVID-19 pandemic without generating excessive inflation, and have vowed to keep interest rates at rock-bottom levels and a spigot of money flowing for an extended period as they lean into a potential economic boom in a way not seen since the early 1970s.

from Moneycontrol Economy News https://www.moneycontrol.com/news/economy/back-to3970s-as-fed-fuels-boomhopes-for-no-burns-marks_14942521.html
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