How Monetary Policy Is Now Being Outsourced (Sort of)

Views Of The Federal Reserve Ahead Of Federal Open Market Committee Announcement
Photographer: Andrew Harrer/Bloomberg

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Every week, hosts Tori Stilwell, Dan Moss and Aki Ito bring you a jargon-free dive into the stories that drive the global economy.

The Federal Reserve has two mandates: price stability and full employment. Yet now many wonder whether the Fed, like many large and powerful organizations, has outsourced policy. And no, we’re not talking about China or Mexico -- but rather to the financial markets. Instead of setting policy and letting markets respond, are investors really in the driver’s seat? Is the Fed merely following their cue? Bloomberg’s Rich Miller discusses the new dynamic with Dan, while Bob Burgess and Madeleine Lim try to let him know who’s boss.

SoundCloud: 33: How Monetary Policy Is Now Being Outsourced (Sort Of) by Bloomberg

 

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