The Downside of the Fed’s Increasingly Complicated Expectations Game
Harvard Business Review
DECEMBER 19, 2013
Yesterday, the Federal Reserve announced that it’s kind of sort of about to start ever-so-timidly pulling back on the massive monetary stimulus it’s been pouring out since the financial crisis. You could read this as trying to deflect blame for what transpired later: The crisis happened because we did such a great job!
Let's personalize your content