Detailed text transcripts for TV channel - MSNBC - 20181219:20:04:00
Moment. you had janet yellin saying a recession may be coming at some point in the next couple years, give me your evaluation of where we are? >> i was opening they would get back there they went ahead and raised rates. i think the market is acting negatively because of that. they waited too long to start raising rates. that is what accommodated monetary policy does. interest rates go up, asset value goes down. you see that in the stock market, the housing market, and hopefully we can get through that. we need to go very slowly. i wish they pit pause, they didn't, i think they are doing everyt...