The Fed Is Holding Rates Down for All the Wrong Reasons
November 6, 2015
David Ranson, President and Director of Research at HCWE Worldwide Economics, explains that the Fed wrongly sees itself as the manager of the U.S. economy and promotes uncertainty in the market by not offering clear guidance on interest rate policy. Instead, he argues, the Fed should not only decrease its presence in the market but introduce incremental increases in the interest rate to create certainty and boost confidence.
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