Fed’s Fisher: Fed policy has yet to show evidence of working

Author: Jamie Coleman | Category: Central Banks
  • Sees moral hazard in being overly accommodative
  • Further monetary policy is like pushing on a string
  • Benefits of Operation Twist don’t outweigh costs
  • Recent FOMC policies likely to be ineffective

C’mon, Dick. Tells us how you really feel!

No sugar coating from my favorite Fed President.

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