The Fed may need to prove its inflation-fighting credentials because expectations could be shifting a bit. The case for continued rate hikes has become, if anything, more compelling since Katrina,
The Fed may need to prove its inflation-fighting credentials because expectations could be shifting a bit. The case for continued rate hikes has become, if anything, more compelling since Katrina,
I think the new chairman will be more aggressive in tightening policy, at least early on in his term, just to establish his inflation-fighting credentials.
This may help increase the inflation-fighting credibility of the Fed before we replace the chairman.
I think he wants to maintain Greenspan's inflation-fighting credentials.
© 2020 Inspirational Stories
© 2020 Inspirational Stories