Daniel Tarullo Federal Reserve

Fed Will Use MAP To ‘Thread The Needle’: RBS

This week’s Federal Open Market Committee meeting didn’t have any big surprises, but that also means it has yet to find an answer to analysts who worry that the country is falling into a QE trap where market reactions prevent the Fed from ever really ending accommodative policies. It’s not that the Fed doesn’t realize its attentiveness to market reactions creates moral hazard, but . . .

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