Illustration: Timothy Mcevenue. See: www.timothymcevenue.net Illustration: Timothy Mcevenue. See: www.timothymcevenue.net
Illustration: Timothy Mcevenue. See: www.timothymcevenue.net
Stephen Roach
Opinion

Opinion

Stephen Roach

Rising interest rates mean the US Federal Reserve is back to the fundamentals, and that’s reason to celebrate

  • Stephen S. Roach says the Fed tightening shows the central bank is returning to a reliance on market fundamentals, ending the era of asset-friendly easy money

Illustration: Timothy Mcevenue. See: www.timothymcevenue.net Illustration: Timothy Mcevenue. See: www.timothymcevenue.net
Illustration: Timothy Mcevenue. See: www.timothymcevenue.net
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Stephen Roach

Stephen Roach

Stephen S. Roach, a faculty member at Yale University and former chairman of Morgan Stanley Asia, is the author of Unbalanced: The Codependency of America and China.