Dallas Fed President Fisher said interest rate cuts may “compound the bad” and warned against “inflating our way” out of the credit turmoil. It is extremely common sense. But till now Fed has been going in the opposite direction. Don’t tell me they finally saw the light? Thanks to Thomas Edison?
Archive for the ‘Fed Sounds Caution’ Category
Fed Sounds Caution
By Finance in Fed Sounds Caution
Apr
17
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