Tom Schlesinger
Tom Schlesinger
bogged debate fed inflation internal merits targeting unhealthy
It would be unhealthy for the Fed to get bogged down in an internal debate about the merits and demerits of inflation targeting if it prevented
price prove tough
As a group, they will have a sense they have something to prove and that what they have to prove is they can be tough on price stability.
alan anyone chairman fed greenspan purpose seldom
He's Alan Greenspan all purpose sage, ... He seldom has anyone tell him, 'Why don't you be more like Fed chairman of the past?'