Beware of Time Lag in Monetary Policy.

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Bibliographic Details
Title: Beware of Time Lag in Monetary Policy.
Authors: CME Group
Source: Benzinga. 03/03/2023.
Abstract: AT A GLANCE Does monetary policy still have any effect? Over the past year, the Federal Reserve has raised rates by 450bps, and yet, economic data so far in 2023 shows a booming labor market, strong consumer spending growth and somewhat higher-than-expected inflation. [ABSTRACT FROM PUBLISHER]
Database: Newspaper Source Plus
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Abstract:AT A GLANCE Does monetary policy still have any effect? Over the past year, the Federal Reserve has raised rates by 450bps, and yet, economic data so far in 2023 shows a booming labor market, strong consumer spending growth and somewhat higher-than-expected inflation. [ABSTRACT FROM PUBLISHER]