Institutional Investor (January 29)
2015/ 01/ 31 by jd in Global News
“There will be no interest rate increase from the FOMC before December 2015.” Even though the Federal Reserve has indicated a mid-year increase, Institutional Investor believes this will be delayed. Members of the Federal Open Markets Committee “are acutely aware of the asymmetry of risk around the timing of rate hikes. That is, the cost of raising rates too soon—and stifling a domestic-focused, consumer-driven economic recovery—is viewed as considerably higher than the cost of raising rates too late.”
Tags: Asymmetry, Economic recovery, Federal Reserve, FOMC, Increase, Interest rates, Risk, Timing
