In light of his expectations of an inflation rate below the U.S. central bank's target of 2% and a still "elevated" unemployment rate over the next two years, Minneapolis Federal Reserve President Narayana Kocherlakota estimated Thursday that the Fed's monetary policy, if anything, is currently "too tight."
Fed's Kocherlakota: If Anything Monetary Policy Currently 'Too Tight'
JAN 11, 2013 7:16am ET
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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