Ethan Harris Quotes
The Fed is saying that 'we're being tested here, we're being tested on our anti-inflation credibility,' ... They need to sound tough. They need a pretty good bark to go with their bite.
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Tested | Anti | Inflation | Sound | Tough |
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This has been a fundamental problem with the Fed's whole approach to policy making... By changing their language so frequently, they make it impossible to figure out what they're doing.
- Ethan Harris
