Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Support MFO
Donate through PayPal
"Stimulat[ing] the economy so close to a presidential election would be a mistake"... Dallas Fed
(Reuters) - New steps by the U.S. Federal Reserve to stimulate the economy so close to a presidential election would be a mistake, a top Fed official said on Monday, warning it could create a false impression of bowing to political pressure.
And putting a message like this out in the public so close to presidential election is not giving the impression of political motivation?
Fed was not afraid of doing everything it can back in 2008 when it was so close to election. Dallas Fed was not saying it would give false impression then.
Comments
Fed was not afraid of doing everything it can back in 2008 when it was so close to election. Dallas Fed was not saying it would give false impression then.