Fed can push harder against deflation- Fed's Poole

St. Louis Fed President William Poole told Reuters in an interview that the Federal Reserve "can push harder" if necessary to prevent a deflationary spiral from happening.

Source: Reuters

The U.S. economy is unlikely to face a deflationary spiral, partly because the Federal Reserve "can push harder" to stop that from happening, St. Louis Fed President William Poole said on Wednesday.

"We've been following a pretty expansionary policy. We've pushed pretty hard, but we can push harder and we can

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