Why The Convoluted Message From Yellen?
Gary Tanashian | Aug 30, 2016 09:33AM ET
Why the tough talk out of one side of her mouth and ‘other policy tools’ language out of the other (ref. SlopeCharts …
But something is out of whack here. Let’s dial in for a closer look.
When you see pictures like these that are not open to argument, and then you hear a powerful policy maker blabbing on about the strengthening economy and increased chances of a rate hike… and then you hear her slip in punch lines about ‘other policy tools’, and then you look at a chart like the above… you laugh in a ‘what else am I gonna do, cry about it?’ kind of way and you move forward.
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