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Fleming

balance sheet, Fleming, FOMC, normalization, Yellen, Selgin
Money & Politics, News, The Fed & Central Banks

Yellen's Balance Sheet Baloney

George Selgin/March 17, 2017June 19, 2022 /41 Comments

Of the many questions reporters asked Janet Yellen on Wednesday, at her press conference following the FOMC's decision to raise the Fed's policy rates, my favorite was the very first, posed by the Financial Times' U.S. Economics Editor, Sam Fleming. Here is Mr. Fleming's question: [You've stated that…

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