A Fed mistake could hurtle the economy into recession
|11/20/2017||Posted by BusinessMediaguide.Com under General World News||
Michael Collins, the senior investment officer at PGIM Fixed Income, discusses monetary policy. He sees the Fed continuing to be transparent with their plan, which he says will likely result in two rate hikes in 2018. He says that there’s risk of the Fed hiking too much, too quickly, which would flatten the curve and cause a selloff — and possibly even a recession.