UST - Frustrated Fed And Inflation And More
Then frustration being experienced within the Federal Reserve System is boiling over in many different directions.
The frustration is being fueled by the question about “ How Will Monetary Policy Be Conducted Going Forward?”
The discussions initially began about where should the Fed’s policy rate of interest, the Federal Funds rate, be located.
Right now, the range for the policy rate is 2.25 percent to 2.50 percent and the effective Federal Funds rate has averaged, recently, around 2.40 percent.
It appears as if the Fed will continue to operate around this level for the