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Fishkind Commentary: Monetary Policy and Florida's Economy

Image courtesy of Hank Fishkind
Image courtesy of Hank Fishkind

July 2nd, 2013 | WMFE Recent comments by US Federal Reserve chairman Ben Bernanke about plans to taper off the Fed's extraordinary monetary policy, the asset purchase program designed to stimulate the economy, caused some jitters in the market- interest rates rose, while stock prices fell.

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Economic analyst Hank Fishkind explains the Federal Reserve was always planning to taper off its stimulus effort as the economy improved.

He tells 90.7’s Matthew Peddie the long term impact on Florida’s economy should be positive.

 

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