“Mishkin said it was possible the Fed went to far and that the lower rates could fuel inflation. If so, policymakers need to be flexible to react quickly.” Really? No kidding? I know I’ve said it before, but I hope someone is warming Volcker up in the bullpen again.
Lol…@ “…Volcker in the bulllpen”…ha ha ha. Willy
Yup, I agree 100% Volcker was the best Fed chairmen ever.
Marriner Eccles would eat Volcker’s children for breakfast. In all seriousness though Eccles was a pretty good chairman.