Financial Stability Risks and Other Under-Recognized Costs of Easy Monetary Policy

Economist (US Macro), RDQ Economics

Conrad DeQuadros

Economist (US Macro)

RDQ Economics

RDQ Economics provides global macroeconomic consulting services with an emphasis on U.S. economic fundamentals and monetary policy.  
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Our views are driven by consistent application of classical economic and monetary principles and has generated superior anticipation of changes in the stance of monetary policy and of movements in economic growth and inflation.
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The founders of RDQ Economics—John Ryding and Conrad DeQuadros—worked together on Wall Street for a decade, in the independent research space for nine years, and have experience in central banking at the Federal Reserve and the Bank of England.  John and Conrad have worked closely with fixed income, foreign exchange, and equity traders and portfolio managers, which has enabled their analysis and advice to be tailored to a clientele that is focused on trading and investment decisions.

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<p>Outgoing Fed Chair Janet Yellen appears to pay less attention to financial conditions than some other policymakers.  Yellen said in June “we’re not targeting financial conditions” and in September she appeared to not even acknowledge the easing of financial conditions admitting only that “arguably, financial conditions overall haven’t tightened that much.”  Fed Chair nominee Jay Powell, however, said in June that policy normalization “in theory should tighten financial conditions.”  The problem…</p>

Outgoing Fed Chair Janet Yellen appears to pay less attention to financial conditions than some other policymakers.  Yellen said in June “we’re not targeting financial conditions” and in September she appeared to not even acknowledge the easing of financial conditions admitting only that “arguably, financial conditions overall haven’t tightened that much.”  Fed Chair nominee Jay Powell, however, said in June that policy normalization “in theory should tighten financial conditions.”  The problem…

Will Incoming Fed Chair Powell Be Symmetrical on Financial Conditions?

US Treasury (10 Yr Generic)

Will Incoming Fed Chair Powell Be Symmetrical on Financial Conditions?