'The Five Scenarios Now Facing the Federal Reserve'
The Five Scenarios Now Facing the Federal Reserve: Federal Reserve policymakers are likely enjoying this month about as much as market participants are.
Central bankers at the Fed don’t like fast-moving markets to begin with, and they especially won’t like the implication that their supposedly inconsequential 25-basis-point interest rate hike in December was a mistake. The only saving grace for the Fed is that January was off the table for a rate hike anyway, so the volatility on Wall Street will have little impact on this week’s policy outcome, due to be announced on Wednesday... Continue reading at Bloomberg ...
Posted by Mark Thoma on Tuesday, January 26, 2016 at 09:21 AM in Economics, Monetary Policy |
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