The Traderszone Network

Published in TZ Latest News 1 May, 2014 by The TZ Newswire Staff

Pimco: The ‘Whites of Their Eyes’ — The Fed’s Changing Reaction Function

Author: 
Pimco

Rather than hike rates preemptively based on forward-looking inflation indicators, the Fed plans to hold its policy until it sees wage growth and inflation back at more “normal” levels.