In fact, I would push for a neutral Fed funds rate in the 1-2% area, bu 0.25% is a start.
And I bet they do. Time to get off zero.
Absolutely NO QE4. FED has already leveraged its balance sheet to scary levels, beyond that of other CBs apart form the Japanese, but the Japanese can do that (up to a point) because their debt is internally financed. A debtor nation like the U.S. cannot without calling into question certain things, like the reserve currency primacy, where cracks are appearing.
That would be mean. The big bully with hundreds of billions for content. Wahhhhhhhhhh!
Agree--energetic new activist leadership needed. Sacca & Icahn would be great!