Fed's George: Repeats that Fed's current interest rate target is too low
Things in George-land still rosy
They need to put one of these idiot-hawks in charge somewhere to set an example for everyone else. Or maybe Trichet did that and that's why Eurozone GDP is only now retaking pre-crisis levels.
What a delightful fantasy it must be that any developed economy is stong enough to withstand 3-4% rates.
In the next breathe she calls first quarter growth 'anemic'.
At some point, doesn't a hawk have to look back and say, "I was completely wrong" and then start to rethink things from the ground up?
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.