Tuesday, March 19, 2019

Why has the US Fed turned away from interest rate rises? | Nouriel Roubini





Stalling inflation and a need to show independence have pushed it to a dovish stanceThe US Federal Reserve surprised markets recently with a large and unexpected policy change. When the Federal Open Market Committee (FOMC) met in December 2018, it increased the Fed’s policy rate to 2.25%-2.5%, and signalled that it would raise the benchmark rate another three times, to 3%%-3.25%, before stopping. It also signalled that it would continue to unwind its balance sheet of Treasury bonds and mor


https://www.theguardian.com/business/2019/mar/18/us-fed-interest-rate-rises-inflationhttps://www.theguardian.com/business/2019/mar/18/us-fed-interest-rate-rises-inflation









 Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics

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