The Fed should change up its playbook to keep the economy from overheating, BofA says
alphanewsstream
2021-05-03 19:45
The Fed should change up its playbook to keep the economy from overheating, BofA says
The Fed risks undermining "what should be a long-lasting inclusive recovery," famed economist Mohamed El-Erian said in similar remarks on Sunday.

Ting Shen/Xinhua/Getty Images

The Fed should pull back on its ultra-accommodative policy ahead of schedule, BofA economists said.
The US economy is ...

https://www.businessinsider.com/economic-outlook-federal-reserve-rate-hike-earlier-planned-inflation-bofa-2021-5

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