Fed needs to spend some time out of the spotlight
The hyperactive U.S. central bank has already said it probably won’t raise rates for years. Now it’s considering specifying levels of unemployment and inflation that could change that. It’s a recipe for confusion. Better to keep quiet and finally let markets reassert themselves.
This content is for Subscribers only
To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.