Report
Fed’s ‘Third Mandate’ Will Compel Continued Tightening
posted by Michael Lewis on September 17, 2018
Found in US, categorized in Monetary Policy
Report Cover
Headline
Today, the FOMC is at target on inflation and deep into full employment. But far from being “moderate,” interest rates are still very low. Thus, expect rate hikes to continue thru 2019 (at the least).
Abstract
FMI’s commentary on progress toward the Fed’s mandates, including the mostly-forgotten third one.