The Fed's Role in Normalizing Interest Rates

Rishad: Has the US economy become less interest rate sensitive? Rishad: There's signs of weakness is all over the place but we don't see the kind of downturn that we traditionally see with the coming of a recession and so I think the Fed at this point if they were being honest with themselves they're saying we really haven't tightened enough Loretta Mester and Jim Bullitt.