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Fed's Bowman doesn't comment on the outlook for the US economy or mon pol
Bowman speaks about Fed asset purchases.
- Key issue for central banks is how to clearly distinguish asset purchases from monetary policy actions
- Related issue is how to minimize Fed's footprint and amount of asset purchases needed to restore market function
- Pandemic showed effectiveness of lending programs as backstops to support market functioning
She might circle back around later and Barkin is also on the docket at 4:45 pm ET.
Risk assets are siz... Read More
Posted: Mar 3 2023, 20:01
Author Name: forexlive
Views: 110654