Fed’s best move
From the Fed’s theoretical framework, their best move is: ♦ Cut the discount rate to 4.5 ♦ Leave fed funds at 4.5 ♦ Remove the
December 10, 2007
From the Fed’s theoretical framework, their best move is: ♦ Cut the discount rate to 4.5 ♦ Leave fed funds at 4.5 ♦ Remove the
While Fed gov Fisher was correct in stating the Fed isn’t held hostage to market pricing of fed funds when it makes its decision, the
Reminds me of the guy who loves money and wants to abolish taxes. I do think the push is now for a stronger $, however,
“I don’t think that’s fair because I don’t — again, I think I’ve been pretty clear in saying we have an economy in the US