Vanguard's Global Chief Economist Calls for Tighter and More Aggressive Fed Policy
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#24c7e5c3 ver:0.49

On April 22, 2024, Vanguard's global chief economist expressed the view that the Federal Reserve needs to adopt a tighter and more aggressive monetary policy. The economist argues that the current loose policy is contributing to rising inflation and asset bubbles. To address these concerns, he suggests that the Fed should raise interest rates and reduce its bond-buying program. He also emphasizes the importance of clear communication from the Fed to avoid market volatility. The economist believes that a proactive approach is necessary to prevent future economic imbalances .

This perspective from Vanguard's global chief economist contrasts with the revised interest rate forecast announced by Vanguard just a month earlier. In March 2024, Vanguard's chief economist, Roger Aliaga-Día, stated ...

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 https://here.news/story/24c7e5c3?ver=0.49