WASHINGTON (Reuters) - The U.S. Federal Reserve's reliance on maintaining an ample balance sheet to help the economy poses risks to financial stability and the central bank's independence, Kansas City Fed Bank President Esther George said on Friday. "It remains less than clear to me that the longer-run costs of balance sheet policies have been f...
Saturday, March 07, 2020
Kansas City Fed Warning Redux
One more important reminder that local fiscal hawks continue warning against current emergency monetary policy as rates move toward ZERO and lower. Cheap money abounds making it just a bit more worthless . . . Read more: