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reenorap 3 hours ago

No, only since Bernanke. So it’s very recent and not something that was historically done by Fed chairs.

CalChris 3 hours ago | parent | next [-]

It started with Greenspan but ramped up under Bernanke.

https://www.richmondfed.org/publications/research/econ_focus...

Animats 3 hours ago | parent | prev [-]

The Fed is tasked with keeping inflation down and employment up. But they only have one knob.