'Data Dependent’ Fed Will Change Policy Course If --and Only If -- Needed
posted by Michael Lewis on January 10, 2019
Found in US, categorized in Monetary Policy
Powell & Co. will not continue tightening if the economy falters. This should be self-evident. Fed officials repeat this utterly indisputable position at most every opportunity.
FMI’s commentary on Powell’s policy comments and likely policy in 2019.