Not exact matches
«The failure to deliver tax reform and the
slower relative growth likely keep us on the path of gradual
normalization in interest rate
policy,» said the analysts, who see the S&P 500 falling to 2,550 from its Monday close of 2,572.83.
We already see that the Fed's
normalization of monetary
policy has
slowed the buildup of new cash in the economy.
If this plays out, we would expect the
policy path toward
normalization to be drawn out in a very
slow manner.
After a long stretch characterized by ultra-low interest rates,
slow growth, minimal inflation, cheap oil, and little
policy progress due to a conflicted Congress, we are now doing a dramatic 180 degree turn to a lower tax, less regulation, pro-growth environment, with higher rates and higher inflation — a
normalization of sorts.
A notably
slow process of
policy normalization has failed to push long - term interest rates closer to their historical values.
The Bank of England (BOE) and European Central Bank (ECB) are the latest bodies to begin the
slow process of
policy normalization.