Don't expect four Fed hikes in 2016

HKS Affiliated Authors

Frank and Denie Weil Director of the Mossavar-Rahmani Center for Business and Government

Charles W. Eliot University Professor

Excerpt

Don't expect four Fed hikes in 2016. Lawrence Summers, January 25, 2016, Video. "The dismal start to financial markets this year, coupled with concerns about the slowdown in China, should keep the Federal Reserve from raising interest rates four times in 2016, as policymakers had forecast last month, former Clinton administration Treasury Secretary Larry Summers said Monday." Link

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HKS Affiliated Authors

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Quantitative easing, monetary policy implementation and the public finances