The Fed's FOMC Trick: Ignore the Man Behind the Curtain

Wednesday, August 19, 2009 , , 0 Comments




If you've been wondering why FOMC statements have been unusually droll of late (you'd think they might have better points to make), now it is painfully clear why.

I noticed the Fed being a tad quiet these days. Maybe they're just on their end of the summer vacations.

The Big Picture covers the "Real" FOMC statement. Such a duh, I can't believe this is the first time I've seen the strategy laid out so clearly.

Jr Deputy Accountant

Some say he’s half man half fish, others say he’s more of a seventy/thirty split. Either way he’s a fishy bastard.

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