Tom Schlesinger Quotes

Certainly the Fed has voiced more concern over inflation for public consumption that it has in previous years, so it's not surprising that markets would respond accordingly. It just really doesn't jive very well with the facts on the ground.

- Tom Schlesinger

Tags

Voiced | Concern | Inflation | Public | Consumption |

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Greenspan is an orthodox thinker in most ways, but you have give him credit for questioning consensus thinking. - Tom Schlesinger

It will come at a really interesting time because the Fed has been so much more successful in recent years than central banks in countries that favored a more rule-oriented approach. One has to wonder why the Fed would abandon the approach that has worked so well. - Tom Schlesinger

He might try to draw a bright line in the hearing - say that he won't be drawn into commenting on issues not directly related to the Fed's responsibilities... We'll have to see how that plays. It is important that the Fed chairman be seen as independent. - Tom Schlesinger