Econ Comments & Analysis
Real Clear Markets | The Fed Is Opaque Because It's Flying Blind
On October 19, 1993, Alan Greenspan was doing what he did best, obfuscating. Called to testify before the House Banking Committee, Greenspan was questioned by Representative Toby Roth (R-WI) about rumors of verbatim transcripts of FOMC meetings. As would become his trademark later in the 1990's, Greenspan said a lot without saying anything.
Blogs
Economist | Past performance may not be predictive
I am going to hold off, for now, on offering detailed thoughts on the candidates for the chairmanship of the Federal Reserve. I am struck by the extent of the point-missing in much of debate on Larry Summers versus Janet Yellen.
