Fed Watch: If Communication Is Effective…
Today’s FOMC statement and subsequent press conference by Federal Reserve Chairman Ben Bernanke reaffirmed the general view that the Fed will keep short-run interest rates locked down until 2015. It should be expected that the same is not true for long-rates. If communications are effective, we would expect long rates to rise well ahead of [...] View the full post at: Fed Watch: If Communication Is Effective… Related posts: Transparency Equals Effective Monetary Policy Fed Watch: Zero, But Not Quite Quantitative Easing Fed Watch: More Will They or Won’t They or When Will They
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