Economics
Fed's Asset-Bubble Focus Tries to Clear Path for Gradual Hikes
- Doves hope 'macro-pru' effort will spare Fed abrupt rate hikes
- Skeptics doubt regulators can banish risky asset bubbles
Inside Look Ahead for Fed Policy in 2016
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The Dec. 18 message from the Federal Reserve and two other government agencies seemed innocuous enough. It “reminded” financial institutions about “existing regulatory guidance on prudent risk management practices for commercial real estate lending.”