The reduction of the US Fed’s balance sheet: When, at what pace and with what impact?
By Paul Hubert US monetary policy began to tighten in December 2015, with the Fed’s key rate moving from a target range of 0 – […]
Federal reserve bank
Does Price Stability entail Financial Stability?
by Paul Hubert and Francesco Saraceno (@fsaraceno) Paul Krugman raises the very important issue of the impact of monetary policy on financial stability. He starts with the well-known […]
No surprises from the Fed*
By Christine Rifflart Not surprisingly, at its meeting on 29 and 30 October the Monetary Policy Committee of the US Federal Reserve decided to maintain […]