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On Friday (August 16th) local time, Chicago Fed President Austan Goolsbee stated that the US economy has not shown signs of overheating, and central bank officials should be vigilant about whether the duration of restrictive policies has exceeded the necessary range. You don't want a tight monetary policy to last too long, "Goolsby told the media." The reason you want monetary tightening is because you're worried about the economy overheating, but I think it's not like the economy overheating anymore
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