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Sunday, September 20, 2026

Oaktree's Howard Marks backs quieter Fed, calls for AI jobs task force

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Close-up of the Federal Reserve Emblem on a $100 Bill.

Oaktree Capital Management co-chair Howard Marks favors a Federal Reserve that communicates less frequently and intervenes only when economic conditions become extreme.

“My personal preference is for a less activist central bank that normally lets the economy do its thing, unless

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