US EditionChristopher Hodge, Natixis: Inside The Economic Crosswinds
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Christopher Hodge, Natixis: Inside The Economic Crosswinds
Global Finance: How did fiscal and monetary policy interact during your time at the US Department of the Treasury? Christopher Hodge: There was a high degree of coordination between the Treasury and the Federal Reserve, but decisions about where on the yield curve to issue debt are solely within the Treasury’s purview. There have been accusations that the Treasury [under Secretary Janet Yellen] engaged in “stealth quantitative easing” by front-…
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