Making the case for a systematic approach to monetary policy, Philadelphia Federal Reserve Bank President Charles Plosser said Tuesday the Fed's move to a threshold form of forward guidance was only a "step in the right direction," warning that it must be "humble" about the expected benefits of such guidance...
Fed's Plosser Makes Case for Systematic Approach to Monetary Policy
FEB 13, 2013 7:15am ET
You must be registered to post a comment. Click here to register.
Already registered? Log in here
A recent phenomenon is the emergence of bonds with shorter call protection as funding alternatives for municipalities. However, the shorter call protection also dampens the potential upside for investors, which in turn reduces the price they are willing to pay.
the bond buyer conferences
May 1- 2, 2014Hyatt Regency, Baltimore, MD
The Roosevelt Hotel, New York, NY