Why This Economist Would Be Shocked if the Fed Moved on Rates
February 11, 2019 at 08:15 AM EST
It seems that “patience” is the recurring theme in Federal Reserve lexicon as of late. After four definitive rate hikes in 2018, the Fed is now taking a wait-and-see approach for 2019. “We begin the year as close to our assigned objectives as we have in a very long time. In these circumstances, I...