Ethan Ilzetzki on the International Implications of Fed Policy, Business Cycle Theory, and the UK Crisis
Macro Musings with David Beckworth
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Is the Fed Going to Slow Down?
Financial conditions are tightly integrated across the globe. The real economy is a little less so, or maybe much less so because as you said, we don't import a lot relative to the size of our economy. And that's part of the debate right now. We have this meeting today, so we're recording this early November when the FOMC is going to raise rates again, another 75 basis point. So one of the big questions we're looking forward to in this meeting is, will they indicate they're going to slow down, begin to pivot?
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