Yellen Should Just Push the Button, Says Credit Agricole Analyst
- Protracted stimulus risks ‘chronic instability’: Job-Bazille
- ‘Dangerous’ for markets to dictate pace of Fed hikes, she says
Neil Dutta: Fed's Policy Is to Be Behind the Curve
This article is for subscribers only.
Credit Agricole SA’s top economic researcher has been calm and measured in her responses for more than an hour, but becomes animated when the conversation turns to Federal Reserve Chair Janet Yellen and whether U.S. interest rates should be higher.
“Yes, she should have just pushed the button,” says Isabelle Job-Bazille in an interview at the French bank’s Tokyo office on Oct. 12. “It’s a question of making interest rates consistent with fundamentals. Just look at the growth rate in the United States. There’s no reason to maintain interest rates at these very low levels.”