https://www.wsj.com/articles/the-feds-duty-is-to-the-economy-not-equity-11623277274
In pursuit of equity, does the Fed plan to become more involved in the allocation of credit? What tools does the Fed plan to use? Will the new goal of equity for “historically marginalized groups” require changes in the distributional effects monetary policy has on savers, borrowers, exporters and consumers? Perhaps most fundamental, how will the Fed define “equity?”
https://www.wsj.com/articles/the-feds-duty-is-to-the-economy-not-equity-11623277274
> In pursuit of equity, does the Fed plan to become more involved in the allocation of credit? What tools does the Fed plan to use? Will the new goal of equity for “historically marginalized groups” require changes in the distributional effects monetary policy has on savers, borrowers, exporters and consumers? Perhaps most fundamental, how will the Fed define “equity?”
(post is archived)