You searched for: Content Type Commentary and Analysis Remove constraint Content Type: Commentary and Analysis Publishing Institution Belfer Center for Science and International Affairs, Harvard University Remove constraint Publishing Institution: Belfer Center for Science and International Affairs, Harvard University Publication Year within 1 Year Remove constraint Publication Year: within 1 Year Topic Financial Markets Remove constraint Topic: Financial Markets
- Author: Martin S. Feldstein
- Publication Date: 02-2019
- Content Type: Commentary and Analysis
- Institution: Belfer Center for Science and International Affairs, Harvard University
- Abstract: Earlier this month, the Federal Reserve’s policy-setting Federal Open Market Committee voted unanimously to increase the short-term interest rate by a quarter of a percentage point, taking it from 2.25% to 2.5%. This was the fourth increase in 12 months, a sequence that had been projected a year ago, and the FOMC members also indicated that there would be two more quarter-point increases in 2019. The announcement soon met with widespread disapproval.
- Topic: International Affairs, Financial Markets
- Political Geography: Global Focus