US Fed trying to counter deflation

The US Fed is trying to counter deflation risks by committing to low interest rates for longer. This is a good idea, but such a pity it’s so late. The real question is whether the Fed has sufficient credibility in this statement to counter the massive credibility they created around controlling inflation “no matter what”.

This is progress.

Published by David Kirk

The opinions expressed on this site are those of the author and other commenters and are not necessarily those of his employer or any other organisation. David Kirk runs Milliman’s actuarial consulting practice in Africa. He is an actuary and is the creator of New Business Margin on Revenue. He specialises in risk and capital management, regulatory change and insurance strategy . He also has extensive experience in embedded value reporting, insurance-related IFRS and share option valuation.

Leave a comment

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.