Faculty News
Professor Kim Schoenholtz on the Federal Reserve's announcement about interest rate hikes
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Excerpt from The Wall Street Journal -- "'They certainly are set up to go in September if the labor market keeps improving,' said Kim Schoenholtz, an economics professor at the New York University Stern School of Business. He said more important than the timing of liftoff was the assurance Fed officials have been giving investors that it will raise rates gradually after the first move."
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