Wednesday, November 6, 2013

Fed may make a new move soon


Fed could be about to make a major policy change



Fed economists see easy monetary policy as effective and would like to enhance the forward guidance in a more specific way, i.e. lowing the unemployment threshold to 5.5% or 6%. This is a specific policy proposal to implement the idea that anchoring expectations is a far more effective policy tool than asset purchases. 

Pay attention!

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