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IPFS News Link • Federal Reserve

Don't Wait for the Fed to Change

• http://www.thedailybell.com,

Dominant Social Theme: The Fed is a great organization and Janet Yellen is a great leader.

Free-Market Analysis: We missed this recent Reuters article about a "confident and clear" Janet Yellen. This was the kind of article mainstream media types used to write in the 20th century before so much was known about central banks and the serial idiocy of their various protocols and actions.

Clearly, the Fed isn't getting the kind of fulsome coverage it used to receive. Even when the article is an approving one, there are caveats. This Reuters article was as close as we've seen recently to old-school coverage that treated the decisions of the steering committee as commandments from on high.


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