Julian Howard expected that the Federal Reserve would probably only start raising interest rates in the second half of 2022.
," which are companies that have gained surprise popularity on social media and have seen their share prices spike.
Himes suggested that it was the responsibility of the Federal Reserve to manage such risks around low interest rates. He said: "I fought my entire career to make sure monetary policy does not get influenced by the tender mercies of political people in the Congress but I think … we're taking a turn there and hopefully that will begin over time to maybe take some of the risk out of what are pretty clearly some asset bubbles out there.".
The Fed also voted not to raise interest rates from their anchor near zero, and warned against expecting imminent rate hikes.
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