postheadericon The Fed Has Painted Themselves Into A Corner

The Fed Has Painted Themselves Into A Corner

Realistically, the Fed has no direct control over the country’s inflation, GDP, or employment. Instead, it has to utilize monetary policy tools, like an adjustment to the federal funds rate, to affect the aforementioned economic variables indirectly. It must use the rate to stimulate or slow the economy, as well as the tool of adjusting
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Will Powell Or Taylor Be A Horse Of A Different Color?

Kevin Warsh played a critical role during the financial market turmoil of 2007 and 2008. David Wessel, a Pulitzer Prize winning economic journalist said, “Warsh established himself as the chairman’s protector in Republican circles and Bernanke’s bridge to Wall Street executives.” The biggest complaint of Warsh is that he was and remains “overly concerned” with
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