The great Fed pivot
Tracking the shift in Federal Reserve policy stance from normalizing to easing around the end of 2018. Switching from 'further gradual increases' to an overly patient policy stance might potentially be elevating the risk of a more negative shock.
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2019
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/6456 https://ink.library.smu.edu.sg/context/lkcsb_research/article/7455/viewcontent/20190424_BT_Opinion_20_8x15.pdf |
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| Institution: | Singapore Management University |
| Language: | English |
| Summary: | Tracking the shift in Federal Reserve policy stance from normalizing to easing around the end of 2018. Switching from 'further gradual increases' to an overly patient policy stance might potentially be elevating the risk of a more negative shock. |
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