新利luck 18|新利18官方

External Partners Alumni Search Submit Return to home Search Search About About Olin Home Why Olin Equity, Diversity & Inclusion Leadership & Strategy News & Media Events Contact Us Programs Programs Home Explore Our Programs BS in Business Administration MBAs Specialized Master's Doctoral Executive Education Dual Degrees Faculty & Research Faculty & Research Home Faculty Directory Research Research Centers Olin Brookings Commission Olin Award Student Resources Student Resources Home Career Services Center for Experiential Learning Entrepreneurship Academic Calendars Student Organizations For Current Students For Military Veterans Admissions Admissions Home Scholarships & Aid Attend Program Events Visit Olin Ask a Student Student Profiles Request Information Refer a Candidate External Partners Alumni Dean Taylor on the Fed’s rate hike December 14, 2016 By WashU Olin Business School 2 minute read Home News Dean Taylor on the Fed’s rate hike Personally, I would have held fire a little longer, until something more is known about what shape President Trump&＃8217;s economic policies will take. Combining an interest rate rise with such policy uncertainty is not the best prescription for the economy, in my view. &＃8212;Dean Mark Taylor Dean Mark Taylor The Federal Reserve voted Dec. 14 to raise interest rates a quarter of a percentage point &＃8212; the first increase in a &＃160;year, and only the second since June 2006. With the post-election Dow surging since Donald Trump&＃8217;s triumph, many wonder what this move will mean for stocks, &＃160;future lending rates and the U.S. economy. An international economist and financial expert at Washington University in St. Louis said that while the move was widely anticipated, he would have liked to see the Fed postpone an increase until President-elect Trump&＃8217;s inauguration. &＃8220;Today&＃8217;s interest rate rise is no real surprise,&＃8221; said Mark Taylor, dean of Olin Business School and formerly a senior economist at both the International Monetary Fund (IMF) and the Bank of England. &＃8220;The Fed signaled in September that it wanted to raise rates &＃8216;relatively soon&＃8217; but did not want to rock the economic boat just before a contentious election. &＃8220;Personally, I would have held fire a little longer, until something more is known about what shape President Trump&＃8217;s economic policies will take. Combining an interest rate rise with such policy uncertainty is not the best prescription for the economy, in my view.&＃8221; Taylor, who became the dean at Olin Dec. 1 after a term as dean at Warwick Business School in England, also is a professor of finance at Washington University. In addition to previously working as a senior economist at the IMF and the Bank of England, Taylor also was a fund manager at BlackRock. About the Author WashU Olin Business School Firmly established at the Gateway to the West, Olin Business School at Washington University in St. Louis stands as the gateway to something far grander in scale. The education we deliver prepares our students to thoughtfully make difficult decisions—the kind that can change the world. Contact Us For assistance in finding faculty experts, please contact Washington University Public Affairs. Monday&＃8211;Friday, 8:30 to 5 p.m. Sara Savat, Senior News Director, Business and Social [email protected] &＃160; Kurt Greenbaum,Communications [email protected] Twitter: WUSTLnews Share article Apply Now Visit Us Request Info One Brookings Drive, St. Louis, MO 63130-4899 [email protected] 314-935-7301 News & Media Events Faculty Directory WashU Center for Career Engagement Washington University home Olin Links Sitemap Privacy Policies Title IX Accessibility ©2024 Washington University in St. Louis