5 ordspråk av Stephen Cecchetti

Stephen Cecchetti

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en I think this is very, very tough for the Fed. There's also the compassion issue. You run the risk of looking very callous by raising rates.
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en You want to make sure that short-term monetary policy isn't responding to a phenomenon that is just going to go away in a few months, or even a year. A change in an interest rate today will have an effect on inflation one to two years from today.
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en Ben will sit at the head of the table and be the force that guides things. The whole institution is strong.
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en You'll see more and more transparency for sure.
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en The same is true of monetary policymakers. They're just a bunch of technicians, cleaning teeth, fixing fillings. You don't spend every day obsessing about what your dentist is up to.
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