Is the Size of the Fed’s Balance Sheet More Important than the Target Rate?
Minneapolis Fed president Kashkari voted against the Fed's March hike, wants to focus on the balance sheet question before the rate hike question.
Minneapolis Fed president Kashkari voted against the Fed's March hike, wants to focus on the balance sheet question before the rate hike question.
The Fed will do whatever is needed to prevent the debt pyramid from collapsing. That includes keeping interest rates at extraordinarily low levels.
While expressing optimism about the economy, Yellen completely dismissed a question about the troubling Q1 GDP forecasts.
The financial press pretends that there's some grand shift away from the Fed's official low interest rate policy. This narrative is highly misleading.
The Fed is pushing hard for a rate hike. Here are Fed members' recent comments.