Deservedly so.
The Federal Reserve often has a (generally undeserved) mythical status surrounding it.
Easy to forget that the Fed is nothing more than a small group of individuals who typically didn't do all that much in the world.
Easy to forget that the Fed is nothing more than a small group of individuals who typically didn't do all that much in the world.
My former boss used to advise the Fed Chairman & Board Members informally each year. We had to create a Chinese wall w/in the firm for these meetings.
He almost always came back shaking his head with frustration over the politicization of Fed Policies.
He almost always came back shaking his head with frustration over the politicization of Fed Policies.
