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Friday, February 10, 2017

Fed's Bullard Knows His Treasury Yield Curve

Tim Duy:

Fed's Bullard Knows His Treasury Yield Curve: Having tipped their toes in the water with two interest-rate hikes -- and more expected to come -- the Federal Reserve officials have begun the discussion about reducing the size of the central bank’s $4.45 trillion balance sheet. To date, they have tended to look at interest rate-policy as separate from balance-sheet policy. Once the former is heading toward normalization, then they can begin the latter... Continued at Bloomberg Prophets ...

    Posted by on Friday, February 10, 2017 at 10:46 AM in Economics, Monetary Policy | Permalink  Comments (18)


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