{"id":8034,"date":"2015-08-29T21:32:59","date_gmt":"2015-08-30T04:32:59","guid":{"rendered":"http:\/\/www.blackswanreport.com\/blog\/?p=8034"},"modified":"2015-08-29T21:32:59","modified_gmt":"2015-08-30T04:32:59","slug":"very-tough-for-fed-to-normalize-taleb-cnbc","status":"publish","type":"post","link":"https:\/\/www.blackswanreport.com\/blog\/2015\/08\/very-tough-for-fed-to-normalize-taleb-cnbc\/","title":{"rendered":"&#8216;Very tough&#8217; for Fed to normalize: Taleb | CNBC"},"content":{"rendered":"<blockquote><p><a href=\"http:\/\/www.cnbc.com\/2015\/08\/28\/very-tough-for-fed-to-normalize-taleb.html\"><img decoding=\"async\" class=\"alignnone size-full\" src=\"http:\/\/www.blackswanreport.com\/blog\/..\/media\/102955628-20150828-1979-1565.530x298.jpg\" alt=\"\" \/><\/a><br \/>\nThe Federal Reserve faces a &#8220;very tough&#8221; task in normalizing monetary policy, as it has limited tools at its disposal after years of near-zero interest rates, academic and writer Nassim Taleb said Friday.<br \/>\n&#8220;The Fed is like a huge army with very sophisticated equipment and no ammunition,&#8221; he said in a CNBC &#8220;Power Lunch&#8221; interview.<br \/>\n&#8220;They inherited that big machine without weapons. They realize that interest rates at zero is not something normal. And there&#8217;s no evidence that zero interest rates is better than 3 percent. But how to get to that normal level is going to be a very, very tough task for them,&#8221; the author of &#8220;The Black Swan&#8221; said.<\/p><\/blockquote>\n<p>Source: <em><a href=\"http:\/\/www.cnbc.com\/2015\/08\/28\/very-tough-for-fed-to-normalize-taleb.html\">&#8216;Very tough&#8217; for Fed to normalize: Taleb<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Reserve faces a &#8220;very tough&#8221; task in normalizing monetary policy, as it has limited tools at its disposal after years of near-zero interest rates, academic and writer Nassim Taleb said Friday. &#8220;The Fed is like a huge army with very sophisticated equipment and no ammunition,&#8221; he said in a CNBC &#8220;Power Lunch&#8221; interview. [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1074],"class_list":["post-8034","post","type-post","status-publish","format-standard","hentry","category-contributors","tag-fed"],"_links":{"self":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/8034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/comments?post=8034"}],"version-history":[{"count":2,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/8034\/revisions"}],"predecessor-version":[{"id":8037,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/posts\/8034\/revisions\/8037"}],"wp:attachment":[{"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/media?parent=8034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/categories?post=8034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.blackswanreport.com\/blog\/wp-json\/wp\/v2\/tags?post=8034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}