Matthew Schaffer
Matthew Schaffer Articles
The Federal Open Market Committee is widely expected to leave its policy rate unchanged at this week’s meeting. The CME Group puts the odds that the FOMC will continue to target the federal funds rate within the 3.5 to 3.75 percent range...
Reducing the Fed’s role in the financial system would be a step in the right direction.
Both hawks and doves cite major rules to justify their stance. But the division inside the Fed isn’t dysfunction — it’s a sign of officials taking both mandates seriously.
