Swiss Economicblogs.org
In spite of dilemma, we still think the Fed will announce plans to shrink balance sheet in September and will hike rates again in December.Several Federal Reserve (Fed) officials, and a few foreign central bankers, will meet for their traditional August gathering in Jackson Hole, Wyoming, on 24–26 August. Fed Chair Janet Yellen will give the opening speech on Friday (08:00 local time, 16:00 Geneva), but with neither a Q&A session, nor a scheduled media briefing. Unlike her predecessor,...
Read More »US economy: Too-loose financial conditions versus too-low inflation
