Economy

Fed policy changes could be coming in response to bond market turmoil, economists say

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Joggers pass the Marriner S. Eccles Federal Reserve building in Washington, D.C., on Tuesday, Aug. 18, 2020.

Erin Scott | Bloomberg | Getty Images

While the Federal Reserve may not raise its benchmark interest rate for years, there are growing expectations it may tweak policy soon to address some of the recent tumult in the bond market.

The moves could happen as soon as the upcoming March 16-17 Federal Open Market Committee meeting, according to investors and economists who are watching recent action closely and expect the central bank to address some distortions that have occurred.

One possible move would the third iteration of Operation Twist, a move the Fed last made nearly a decade ago…



Source cnbc.com

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