Reuters explained how the Federal Reserve’s practice of projecting future interest rates is making it harder for the Fed’s Chairman Jerome Powell to shape market expectations at a time of heightened uncertainty over by how much, if at all, rates may still go up. Powell has struggled to provide a consistent message, prompting fresh calls for the central bank to overhaul longstanding practices.
Reuters explains to guide or not to guide? Fed ‘dots’ complicate message
08 February 2019, 12:00 am 1 minute
Topics of Interest: Politics
Type: Reuters Best
Sectors: FX & Fixed Income