`Tapped Out’ Fed May Stay Stimulative, Ruskin Says: Tom Keene
This article is for subscribers only.
The Federal Reserve may signal willingness to continue monetary easing amid investor concern that monetary policy has been exhausted, according to Alan Ruskin, global head of Group-of-10 foreign-exchange strategy at Deutsche Bank AG in New York.
“The biggest worry out there in fact is that policy is somewhat tapped out and we’re in a liquidity trap,” Ruskin said today in a radio interview on “Bloomberg Surveillance” with Ken Prewitt and Tom Keene. “The Fed will probably signal willingness to act if instability continues, but they will hold back from acting immediately.”