Report
Economy Now Looks ‘Normal’; Fed Policy Is the Outlier
posted by Michael Lewis on August 27, 2014
Found in US, categorized in Monetary Policy
Report Cover
Headline
FMI takes a more objective (dare we say fundamental?) view: if the economy is doing as well now with the funds target at -2% as it did in the past with a funds target at positive 2%, then Fed policy is not relevant.
Abstract
FMI’s commentary on the increasingly normal-looking economy and still-wildly abnormal Fed policy.