The Traderszone Network

Published in TZ Latest News 16 September, 2014 by The TZ Newswire Staff

Roller-coaster debate over new Fed tool may get resolved this week

Federal Reserve officials will rewrite their strategy for normalizing monetary policy this week given signs that a roller-coaster debate over a new tool for controlling interest rates is nearing its resolution. Many Fed officials, economists and financial market participants once believed the so-called overnight reverse repurchase facility, which has been tested for a year, would become the main lever for steering interest rates and play a central role in a new monetary policy framework.

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