Free Trial

- Q: At what point would steady declines of.....>

FED
FED: - Q: At what point would steady declines of IOER make that rate the policy
choice.
- A: We control FFR only indirectly. I don't see us not controlling that
- Q: How do you see financial conditions?
- A: Some concerns around nonfinancial corporate debt, but overall concerns
moderate, financial system resilient to shocks. As for asset prices, some are
somewhat elevated but not extremely so. Households in good shape. Highly
leveraged corporate sector could amplify downturn. On balance, vulnerabilities
moderate. Tools for addressing those concerns are macroprudential, better than
monpol in addressing
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.