create a more balanced economy that isn’t just about riding asset bubbles.
We should taper faster, and move forward slowly but surely with normalising monetary policy.
Wall Street isn’t Main Street.
Rana Foroohar Associate Editor at the Financial Times 3 October 2021
The longer central bank ‘tapering’ is delayed, the more the risk of a disruptive markets move
Mohamed A. El-Erian FT 29 September 2021