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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 10 Years Remove constraint Publication Year: within 10 Years Publication Year within 1 Year Remove constraint Publication Year: within 1 Year Topic Financial Markets Remove constraint Topic: Financial Markets
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  • 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‚Äôs 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