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Fed Communications A Tower Of Babel

Fed Communications A Tower Of Babel

4 Years ago | August 21, 2016 00:00:00

John M. Bland, MBA

Fed Wants To Raise Interest Rates
Comments by top Fed officials, some of whom were once policy doves, suggest that that there is a growing faction in its leadership in favor of an early "normalization" of monetary policy. These officials feel that the economy is currently running at close to full employment. However, stagnant wages suggest there is no sign of labor tightness in the monthly average earnings data, that would mean that there still is a lot of slack remaining in the labor market. Fed officials als

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