Fed, Powell and supply shocks
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"We may be entering a period of more frequent, and potentially more persistent, supply shocks—a difficult challenge for the economy and for central banks," Powell said in opening remarks at a two-day conference reconsidering the Fed's current approach to monetary policy, adopted in 2020 as the economy was still scarred by the pandemic.
Every five years the Federal Reserve reconsiders its framework for monetary policy. This time it will have to consider lessons from the pandemic and an uncertain future.
To answer that, Epicor builds and invests in content, such as the catalog information in their recent KYKLO acquisition, and by implementing AI routines for data movement (leveraging the Grow BI solution) to attach current regulatory and tariff rules to multinational supplier data.
As supply chain disruptions show no signs of becoming more predictable, let's explore how cognitive supply chains can transform the way businesses manage uncertainty.
Governor Eli Remolona Jr. warned that trade shocks pose a greater and more persistent threat to the economy than typical
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