Wednesday
Jun282017
Lacy Hunt: The Fed Has Undermined The Economy's Ability To Grow
Wednesday, June 28, 2017 at 10:01PM
BY STEPHEN MCBRIDE
The Fed’s hope was that quantitative easing would stimulate economic growth. But a former senior economist for the Fed believes it has done the exact opposite.
Speaking at the Mauldin Economics Strategic Investment Conference, Dr. Lacy Hunt, the executive vice president of Hosington Investment Management and former senior economist for the Dallas Fed, said that quantitative easing has created “significant unintended consequences.”
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