DiMartino Booth on CNBC Markets: “I think the Fed is trying to desperately avoid a 1937 remake…Think Powell understood that maybe that was more than the economy could take…swinging the pendulum so far back, saying ‘We were wrong.'”

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Hello Jerome Powell, We Have Questions

This is an open letter to Jerome Powell and the Fed. In your March 8 speech on Normalization and the Road Ahead, you spoke of diversity, zero-bound interest rate problem, and the Fed’s path to normalization.

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