Stephen Cecchetti
Stephen Cecchetti
bunch cleaning dentist fixing monetary spend true
The same is true of monetary policymakers. They're just a bunch of technicians, cleaning teeth, fixing fillings. You don't spend every day obsessing about what your dentist is up to.
callous compassion looking raising risk run tough
I think this is very, very tough for the Fed. There's also the compassion issue. You run the risk of looking very callous by raising rates.