David Orr - We have often noted the Fed tries to choose a...

We have often noted the Fed tries to choose a policy action that minimizes the consequences of a mistake. Which would have the least negative consequences today: easing too much and setting off an excessively strong rebound or easing too little and allowing the economy to slip back into recession? We would vote for the former.

David Orr

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David Orr Quotes

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We have often noted the Fed tries to choose a policy action that minimizes the consequences of a mistake. Which would have the least negative consequences today: easing too much and setting off an excessively strong rebound or easing too little and allowing the economy to slip back into recession? We would vote for the former. David Orr

They Said So®

Keywords

noted fed choose policy action minimizes consequences mistake negative today easing setting excessively strong rebound allowing economy slip back recession vote

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