Dove Archive

Statement from Meltzer

[Skip to the end] I like this not so much for his suggestion as for his assessment of the Fed. This both expresses the market view of the Fed and the Fed’s own expressed concern that their previous actions could contribute to elevated inflation expectations. “I think they should put interest rates ...Read More

Reuters: Yellen the Dove turing more hawkish

Yellen: Fed faces unpleasant mix on prices, growth by Ros Krasny CHICAGO (Reuters) – San Francisco Federal Reserve Bank President Janet Yellen said on Friday that the U.S. central bank faces an “unpleasant combination” of risks to inflation and growth in setting interest rate policy. “The U.S. economy is particularly exposed to ...Read More