No wonder many have characterised the Fed’s interest rate stance as an “insurance policy”. Its beneficial impact comes with the usual trade-off of generous insurance risking high moral hazard and ...
The FederalReserve is the central bank of the United States and the anchor of the country's financial system and economic health. It’s governed by a federal Board of Governors appointed by ...
using data from the Board of Governors of the FederalReserveSystem: The Fed uses the fed funds rate as a tool to heat up or cool down the economy, which was certainly the case following the ...