IIF Warns Household Wealth Gains Will Disappear Unless Fed Normalizes Rates Soon

by Tyler Durden
ZeroHedge.com
10/30/2015

>”Easy policy has passed the point of diminishing return and keeping it longer would only increase moral hazard and distort financial markets,” exclaims the Institute of International Finance, warning that the gap between the value of Americans’ holdings of stocks, bonds and other financial assets and the trend growth rate of the economy is still large and not far off the level that prevailed in 2007 before the financial crisis. “The Fed should start to normalize policy as soon as possible,” removing the excess as the ‘gap’ “typically ends up being narrowed by a correction in the stock market.”

The Rest…HERE

This entry was posted on Saturday, October 31st, 2015 at 2:03 am and is filed under Conspiracy, Corruption, Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.