In the Margins

Will rate hike this week be a mistake?

December 15, 2015

By Bloomberg

Federal Reserve policy makers risk making a mistake that will be difficult to correct if they raise interest rates on Wednesday, according to former U.S. Treasury Secretary Lawrence Summers and economist Nouriel Roubini. Summers said questions remain about both the growth prospect and the prospect of achieving 2% inflation. “In a world where error is inevitable, it’s much better to make easily reversed errors than to make difficult-to-reverse errors,” he said in a TV interview. Read the original story from Bloomberg

 

 

Most Read

Top of the Agenda - Compensation
Fund board pay increases in 2023, MPI survey says

Independent mutual fund directors saw an increase in compensation in 2023, on average, although actual compensation levels and percentage adjustments in compensation continue to vary widely ...

10 Things
10 Ways…to improve fund board diversity

Mutual fund directors are increasingly interested in enhancing diversity on their boards. The following practical tips on improving board diversity are derived from discussions with directors, ...