Lakdawala and Seo Research Examines Federal Reserve Communication
WFU Economics Professors Aeimit Lakdawala and Jinyoung Seo, along with Myungkyu Shim of Yonsei University, are exploring how the Federal Reserve’s communication can impact financial markets and the broader economy. Their new research finds that while clear guidance can be helpful, greater precision isn’t always better—sometimes it can actually lead to stronger market reactions and increased volatility.