quoting the continued side lighting. by the fred risk making things worse by d anchoring inflationary expectations due to the persistent of loose monetary policy. record easy financial conditions according to the goldman sachs index and the lack of adequate forward policy guidance. do you think this is time for a change at the fed? i think it s time for a change of policy at the fed. i was of the view that this may be easier with someone who is repeated over and over again that is in transitory and is going away. inflation is not transitory. it s really important for the fed to realize this. the worst thing that can happen, and addition to the supply disruption, into the labor shortages they destabilize our expectation and we change behavior even faster.
quoting the continued side lighting. by the fred risk making things worse by d anchoring inflationary expectations due to the persistent of loose monetary policy. record easy financial conditions according to the goldman sachs index and the lack of adequate forward policy guidance. do you think this is time for a change at the fed? i think it s time for a change of policy at the fed. i was of the view that this may be easier with someone who is repeated over and over again that is in transitory and is going away. inflation is not transitory. it s really important for the fed to realize this. the worst thing that can happen, and addition to the supply disruption, into the labor shortages they destabilize our expectation and we change behavior even faster.