Eugene David
...The One-Minute Pundit

Wednesday, August 17, 2011

1:47 PM The third member (I, II) of the FOMC to dissent at last week's meeting has now weighed in publicly. Dallas Fed's Richard Fisher says the commitment to freeze rates removes the incentive for business to spend and hire, adding observers can now infer a "Bernanke put" - the notion the FOMC guides policy based on supporting the stock market.

Somebody got wise?

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