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Economics

Chief economist update: The Goldilocks rate of interest

The Fed funds' interest rate is at the Goldilocks level - not too hot and not too cold.

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Read more: Taylor Rule,  Goldilocks,  FOMC,  US Fed,  Athanasios Orphanides,  Bill Gross,  Pat Toomey,  Trump,  US Congress,  US Defence Secretary Donald Rumsfeld,  US Federal Reserve Chairman,  Jerome Powell