Gradualism Is French For “We Have No Plan”

May 16, 2016

The U.S. Federal Reserve promised 3-4 rate hikes in 2016 at their December meeting but they have yet to act. In my latest article for Seeking Alpha, I examine the current state of Central Bank policy and explain why vacillation between watching economic data in the U.S.and the potential for contagion from abroad all adds up to a policy of “gradualism” which is French for we have not plan at all.

Article: Gradualism Is French For “We Have No Plan”

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