For Powell Fed, Less Would Be More

posted by Michael Lewis on June 22, 2018

Found in US, categorized in Monetary Policy

Tags: FMI michael lewis Fed Powell

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Cutting back on the number of meetings, FMI acknowledges, might be too radical a step for a new Fed chairman. Still, if Powell is going to hold more news conferences, he should make the most of them.


FMI’s commentary on how Jay Powell could improve further on his pretty good start as Fed chairman. Unfortunately, we harbor no illusions that these recommendations will be adopted. We offer them as food for thought -- and perhaps a smile -- for a Friday afternoon.

About Michael Lewis

Michael Lewis

Mike Lewis founded Free Market Inc. (FMI) in 1982 as a full-service economic consulting firm, providing insights and in-depth data analysis primarily for institutional money managers and corporate planning directors.

FMI has compiled a solid record of timely, independent and accurate economic forecasts.  FMI blends its unique analysis of indicators and experience with economic cycles into a consistent overall outlook. They offer both a comprehensive overview and in-depth detail that enable clients to integrate FMI’s insights into their decision-making process.

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