The Fed's Stance on Transitory Market Prices

An analysis suggests that the Federal Reserve's assessment of market prices as 'transitory' was correct, but its error lay in implying that politically induced economic issues could be resolved quickly.

23 Aug, 14:00 — 23 Aug, 14:00

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forbes1d ago

The Fed Can Do Nothing About Market Prices That Are Always Transitory

The Fed’s “transitory” answer was correct. Its error was in suggesting that what politicians so obnoxiously broke could be fixed so quickly.

By John Tamny, Contributor

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The Fed's Stance on Transitory Market Prices

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The Fed Can Do Nothing About Market Prices That Are Always Transitory

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