CSPAN2 Key Capitol Hill Hearings February 25, 2015
The fed can rein in inflation and avoided destabilizing asset price when the time comes. The minutes posted online do little to answer the questions of when and how this we will be done and the most recent fomc transcript available to the public is from 2,008 over seven years ago. Even though the fed has several Monetary Policy tools at its disposal an action of this magnitude as never before been taken to my knowledge. The federal open Market Committee continues to report that it can be patient and keeping the federal funds rate near zero. Too much delay could lead to more painful correction ...