The FRB: Open Your Window, Curse 'Em Out

August 31, 2016   |   August 2016 Bond Updates
“Hell, a balanced budget isn’t putting people to work. I will balance the budget as soon as I take care of the unemployed.” – FDR speaking at Madison Square Garden in 1936 Take Fed watching away from the Street and there's nothing to talk about. I pulled Janet Yellen's lecture nearly a year ago at the University of Massachusetts, Amherst. She talked about inflation and the FRB's role in keeping it close to 2%. Sound familiar?

View more at: http://www.forbes.com/sites/martinsosnoff/2016/08/30/the-frb-open-your-window-curse-em-out/
 
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