« Links for 07-24-17 | Main | Summer 2017 Journal of Economic Perspectives »

Tuesday, July 25, 2017

Easier Financial Conditions Will Keep the Fed on Track

Tim Duy:

Easier Financial Conditions Will Keep the Fed on Track: The path laid out by the Federal Reserve at the beginning of the year for three interest-rate increases plus the start of reducing its $4.5 trillion balance sheet looks shaky due to the slowdown in inflation. There’s no question that the Fed is nervous about the persistent inflation shortfall. Chair Janet Yellen made note of the issue during her congressional testimony earlier this month. ...[Continued at Bloomberg Prophets.]...

    Posted by on Tuesday, July 25, 2017 at 03:04 PM in Economics, Monetary Policy | Permalink  Comments (56)


    Comments

    Feed You can follow this conversation by subscribing to the comment feed for this post.