The US Federal Reserve Board has finally made up its mind and will probably tighten monetary policy in the United States before the end of 2015. Will this be real monetary tightening or just a gradual retreat from the previous easy credit approach?

This report argues that the Fed still has too much faith in Keynesian theorising and too many doubts about the strength of the American economy. Interest rates are likely to rise very gradually, in order not to wreak havoc in such delicate areas as private investments and banking. This cautious approach is more or less what financial markets have been anticipating.

If these expectations are confirmed, US Federal R...

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Professor Enrico Colombatto
The satisfactory fundamentals of the US economy and adequate growth may be enough to persuade the Fed to stick to its new tightening course and, eventually, to adopt a less biased monetary view
read more about it in the report
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  • Report is targeted to the decision makers in cross country manufacturing – suppliers, manufacturers, logistics.
  • Also considered useful for the administrative university facilities, to better understand the possible effects of current decisions.
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