The Fed Funds Target Isn't About Funds, It's About The Fed And It Shouldn't Be

File:Marriner S. Eccles Federal Reserve Board Building.jpg

Image source: Wikipedia
 

Why does the Federal Reserve still use the federal funds rate as its main policy lever? The answer is control. Not over money itself, rather realizing this policymakers seek instead control over how everyone else thinks about money, finance, and the economy. Listen closely to what's actually being said.

Video Length: 00:24:00


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Disclosure: This material has been distributed for informational purposes only. It is the opinion of the author and should not be considered as investment advice or a recommendation of any ...

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