http://ift.tt/1k9TJ2U
"Catherine Mann, the chief economist at the Organisation for Economic Co-operation and Development, is concerned the Fed is “crying wolf,” always threatening a rate hike but not moving.The Fed’s inaction is fueling unproductive moves in asset markets, Mann said.She thought the Federal Reserve should have hiked rates in September. Ahead of the Federal Open Market Committee decision that comes Wednesday, Mann now wants the central bank to increase interest rates as soon as possible. Mann doesn’t think the U.S. economy is in danger of overheating, instead she is focused on asset markets, including the U.S. Treasury market.Mann, a former Fed staffer and economics professor at Brandeis University, joined the OECD last October."
"Catherine Mann, the chief economist at the Organisation for Economic Co-operation and Development, is concerned the Fed is “crying wolf,” always threatening a rate hike but not moving.The Fed’s inaction is fueling unproductive moves in asset markets, Mann said.She thought the Federal Reserve should have hiked rates in September. Ahead of the Federal Open Market Committee decision that comes Wednesday, Mann now wants the central bank to increase interest rates as soon as possible. Mann doesn’t think the U.S. economy is in danger of overheating, instead she is focused on asset markets, including the U.S. Treasury market.Mann, a former Fed staffer and economics professor at Brandeis University, joined the OECD last October."
[text] Fed should hike rates due to asset market ‘frothiness,’ OECD chief economist says - MarketWatch
Aucun commentaire:
Enregistrer un commentaire