Survey: Monetary Policy Right for Now, but Eventual Tightening Needed

“The NABE Economic Policy Survey presents the consensus of a panel of 266 members of the National Association for Business Economics. Conducted semiannually, this survey was taken Aug. 3-18, 2009.”

  • “Economists surveyed earlier this month by the National Association for Business Economics expressed strong agreement with the current posture of monetary policy and viewed the current stance of fiscal policy somewhat more favorably. But, they indicated concerns about the paths both monetary and fiscal policy will take in the future. They were generally supportive of a number of the proposals for financial sector reform. But they voiced concerns about prospects for the federal budget, expressed skepticism about the effectiveness of cap-and-trade legislation for lowering global greenhouse gas emissions, and a majority doubt the ability of current health-care reform proposals to simultaneously lower costs while increasing access and maintaining quality.”
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