With frequent references to Thomas Hoenig, the former head of the Kansas City Federal Reserve, he’s writing about bad monetary policy. Here are some excerpts. How high will be the cost of interest rates, having been too low for too long? Events might be teaching a tutorial on the steep...
we have already seen the dollar rally on the back of the election Donald Trump as markets are pricing in more aggressive interest rate hikes from the Federal Reserve to curb the“Trumpflationary”pressures.
Yes. At some point in the cycle, the Federal Reserve will have lifted interest rates to a point where inflation and the economy will be expected to cool. We saw this as recently as 2023; after the eleventh increase in the federal funds rate over a little more than a 16-month period, ...
The US Federal Reserve (Fed) has kept its benchmark policy rate unchanged. This finally halted the cycle that reverted a decades-long approach of ultra-easy monetary policy. The decision took place after ten rate hikes since March last year, when untamed inflation forced the Fed to increase ...
Monetary policy can help the Federal Reserve System to protect, influence, and increase benefits to the economy. Learn more about the Federal...
economy. Housing prices have moved up because of three major reasons; investor demand, low supply, and historically low interest rates. Each one of these reasons can be traced to the Fed either directly or indirectly. Can an aggressive central bank with a low rate environm...