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Friday, November 13, 2015

'Where Fed's Critics Got it Wrong in GOP Debate'

Couldn't resist commenting on this:

Where Fed's critics got it wrong in GOP debate, by Mark Thoma: The Federal Reserve was instrumental in easing the impact of the Great Recession. As bad as the downturn was, it could have have been worse if central bankers hadn't aggressively used monetary policy to curb the severity of the crisis and help put the U.S. economy on the path to recovery.
So it has been disappointing to hear Republican presidential candidates bash the Fed in their debates and on the campaign trail. ...

    Posted by on Friday, November 13, 2015 at 09:54 AM in Economics, Monetary Policy, MoneyWatch, Politics | Permalink  Comments (65)


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