Yellen acknowledges interest rate risks

Interesting blog post in The Wall Street Journal regarding Fed vice chairman Janet Yellen’s acknowledgment that lowering interest rates has its risks. It seems that the biggest risk is the decreasing credibility of quantitative easing as a policy tool for moving toward what was formerly known as full employment. While generally I have nothing against policy that aids investors, QE does not signal to the world that America is a place to invest. If we are not a place to invest, then I don’t see employment rising as a result of this policy.

About Alton Drew

Alton Drew brings a straight forward and insightful brand of political market intelligence. Alton Drew graduated from the Florida State University with a Bachelor of Science in economics and political science (1984); a Master of Public Administration (1993); and a Juris Doctor (1999). You can also follow Alton Drew on Twitter @altondrew.
This entry was posted in Economy and tagged , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s