As Fed nears rate hikes, policymakers plan for ‘brave new world’

“Central banking is in a brave new world,” Atlanta Fed President Dennis Lockhart said in an interview on the sidelines of the conference.

The conference, attended by all but two of the Fed’s 17 policymakers as well as central bankers from around the world, also presented a menu of more exotic proposals. This included a Fed takeover of short-term debt markets and abolishing cash in order to charge negative interest rates.


https://ca.news.yahoo.com/fed-nears-rate-hikes-policymakers-plan-brave-world-005117150–business.html

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