Showing posts with label monetary policy. Show all posts
Showing posts with label monetary policy. Show all posts

Saturday, December 13, 2014

Norbert J. Michel: Ease up on easing?

  Two reasons the Federal Reserve should stop trying to stimulate the economy:

-The policies it has enacted so far have contributed very little to the economic recovery.

-It has likely already reached the limits of what monetary policy can do to boost the economy.