Interest Rates Sideshow in Fed Drama
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monetary policyFoxbusiness
•Kevin Warsh: A deregulatory tax cut is exactly what this economy needs to sustain itself
59% Informative
Kevin Wash , a former Fed governor, writes in today 's Wall Street Journal , says interest rates are a sideshow in the Fed drama.
Larry Kagan : The Fed 's balance sheet has exploded in the last 1520 years and it's come down only a tiny bit.
Kagan says it's not this obsession with the Fed funds rate, it's this because the monetary policy is about money and money is about inflation.
Since December , $12 trillion of U.S. stock market wealth has camouflaged a lot of sins.
Kevin Wash says a deregulatory tax cut is exactly what this economy needs to sustain itself next year .
Wash says the Fed should focus on the balance sheet, focus on assets, let the private sector grow.
VR Score
65
Informative language
64
Neutral language
32
Article tone
informal
Language
English
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24
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Attention-grabbing headline
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Known propaganda techniques
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short-lived
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