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Fed's Bowman doesn't comment on the outlook for the US economy or mon pol

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

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