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Monetary Policy Update August 2021

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This video discusses the evolution of the US economy since March 2020, the evolution of monetary policy since the initial response to the COVID-induced recession, and current policy questions.

Note a small error: I kept referring to "Interest on Borrowed Reserves" starting at around 16:20. It should be Interest on Reserve Balances (IORB). Minus five for me.

Monetary Policy Update August 2021

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