federal funds rate

What Harm Could a Small U.S. Interest Rate Hike Do in 2014?

February 21, 2014

This subject was broached today on Bloomberg Radio.  There are many people, some even among Federal Reserve officialdom, who’d like to see a down payment on interest rate normalization be made sooner, lest people start to believe that officials opposed will always find reasons to argue that rate tightening is too premature.  The 0-0.25% fed […] More