The 2008 transcripts were released in late-February. Most media operations published stories about the Fed’s absent-minded professors who missed the importance of failing financial institutions during 2008. This was not news.
Tag Archive for 2008 FOMC transcripts
Fred Sheehan
Those FOMC Transcripts: Watch Out Below
by Frederick Sheehan • • 0 Comments
…the initial stories across news channels were full of ridicule and indignation at the FOMC’s real-time ignorance as banks and markets collapsed.
