Percent of NABE Panelists Who Consider Current Monetary Policy to be “About Right”

Monetary Policy Approval

The Graph of the Week comes fromNABE's August 2009 Economic Policy Survey and shows the percentage of survey respondents who consider monetary policy to be "About Right". From the survey:

Nearly 70 percent of business economists believe that monetary policy is “about right,” up from 63 percent inMarch and 56 percent a year earlier. Another 25 percent view the Federal Reserve’s current policy stance as too stimulative, up slightly from March. Respondents are split on whether policy should remain on hold (49 percent) or become more restrictive (45 percent) over the next six months.

You can read the full version of the August Economic Policy Survey online.

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