Boston Fed President Susan Collins said on Friday that there's no urgent need to change interest rates, expecting current policy to hold for some time.
Miran said in a CNBC interview that the Fed should be focusing more on supporting the labor market than worrying about inflation.
For years, policymakers have treated government debt like an elastic band that could be stretched without ever snapping. They stretched during the global financial crisis and again during the COVID-19 ...
These concerns arise in the context of a Treasury market that has grown dramatically. The ratio of publicly held federal debt to GDP is now about 100 percent, and given the current US fiscal stance, ...