Is the Fed on Track?

federal reserve, monetary policy

federal reserve, monetary policyThat's more-or-less the question that Bankrate.com asked Dean Baker, co-founder of the Center for Economic and Policy Research, and me after last month's FOMC press release.  Dean said yep.  I said…uh, not really.   Our full answers appeared recently in the online publication's  "Wealth of Opinions" column.  There's even a little poll at the end, allowing you to pick your favorite answer.  Of course you don't have to vote.  It's really entirely up to you.  I mean, I'm not trying to pressure you or anything like that.

Honest.

No, really!