Rich Yamarone Quotes

History tells us that the Fed has always overshot its tightening goal -- central bankers like to know the cork is firmly implanted in the bottle so that the inflation genie doesn't sneak out. The worst thing a central bank can do when fighting inflation is fall behind the curve. Therefore, we are fairly comfortable with our Street-high estimate.

- Rich Yamarone

Tags

History | Tells | Overshot | Tightening | Goal |

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