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Notably, none of the mechanisms that central banks use for monetary policy (buying and selling government securities, setting interest rates paid on reserves, loans to financial institutions, etc) have anything to do with federal spending or budget deficits. The Fed and other central banks can ...
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Add in high interest rates, plus banks being stingier with loans, and a new concern hovers overs the industry's future: Fewer people have been buying and building new hotels. Alina Selyukh, NPR, 13 May 2024 He's edged out by Jack Ma, founder of the e-commerce firm Alibaba and China...
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