Bloomberg Markets and Finance published this video item, entitled “Increased Rates Will Have Side Effects for the Fed” – below is their description.
The Fed has signaled its intention to taper asset purchases, potentially as early as this year. Tapering will inevitably be a precursor to interest rate increases, which will curtail a very profitable side business for the Fed. Why are interest rate hikes not so lucrative for the Fed? Presented by @CME Group: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_econ&utm_content=more_insightsBloomberg Markets and Finance YouTube Channel
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