FOMC faces tricky task in avoiding another bubble

fomc

The Federal Open Market Committee's (FOMC) pessimism about the economic outlook, revealed in the minutes of its June meeting this week, highlights the daunting challenge the central bank faces in avoiding keeping monetary policy too loose for too long.

At the FOMC meeting on 22 and 23 June, members of the committee said, after reporting a "softer" outlook for growth, that it was appropriate to consider "further policy stimulus" if the outlook for the economy were to "worsen appreciably". With

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: