Downside of a Low Interest Rate Policy With No Timetable for Exit | Interview with Pimm Fox on Taking Stock
In forcing a hunt for yield, the Federal Reserve's broad market interventions are distorting asset prices, argues Sam Chandan. The time is ripe for monetary policy officials to articulate a clear exit strategy, even if the exit timetable is further in the future. Pimm Fox hosts Sam Chandan and Oppenheimer Funds Chief Economist Jerry Webb.