Report
Deja vu: Yellen Out to Repeat Greenspan's Disastrous Policy
posted by Michael Lewis on August 15, 2014
Found in US, categorized in Finance, Banking, and Regulation
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Headline
Barring an unexpected (and substantial) economic slowdown, the Fed will begin to normalize policy in 2015. This will mark the Fed’s first rate hike in nine years. Any novelty, however, is overshadowed by an ominous déjà vu.
Abstract
FMI’s commentary on ominous historical parallels to Yellen’s intended policy course.