Is The Fed Losing Control Of Monetary Policy?

Is The Fed Losing Control Of Monetary Policy?
AP Photo/Andrew Harnik, File

As The Wall Street Journal, The New York Times, and several other news outlets reported recently, although it has managed to avoid setting off another taper tantrum like that of 2013, the Fed is having a bad case of unwind jitters, thanks to unanticipated tightening in the market for fed funds.

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