- The Fed does have obligations to explain itself to public and congress
- Inflation is a social phenomenon, if they believe it will go up, it probably will
- We will be careful about changing policy until we have a lot more certainty
- We have time to make assessments on net effects of policy changes before we react
- When it comes to fiscal policy, it takes a long time for a bill to get through
There is nothing new in the Q&A so far.
This article was written by Adam Button at www.forexlive.com. Source