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2017-07-06 — cnbc.com
The Federal Reserve's most recent interest rate hike came amid worries that keeping policy loose was posing increasing risks to financial stability and the economy.
... Fed officials indicated a determination to continue raising rates even with muted inflation levels, which they considered to be temporary and likely to rise over the long run to a targeted level of 2 percent, according to a summary from the June meeting of the policymaking Federal Open Market Committee. ... However, Fed officials were divided on when the balance sheet runoff should begin, and did not release a timetable on when it would happen. How you square this with "the banking system is fixed" and "no more financial crises in our lifetime" is a mystery to us. source article | permalink | discuss | subscribe by: | RSS | email Comments: Be the first to add a comment add a comment | go to forum thread Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately. |