​Chicago Fed Head Says The Quiet Part Out Loud In Fox News Interview – Tyler Durden

Chicago Fed Head Says The Quiet Part Out Loud In Fox News Interview The Fed’s constant narrative shield of its ‘apolitical-ness’ took a battering this morning when Chicago Fed President Austan Goolsbee said the quiet part out loud during an interview on Fox News. With the market implying a 50-50 chance of The Fed cutting 25bps or 50bps in September… …the affable Fed head was asked the ubiquitous question of whether monetary policymakers weigh their ‘mandate-only-driven’ decision to cut rates against the ‘political’ benefits of cutting rates in an election year. The correct answer to this question is simple -…  — Continue at ZeroHedge News : Read More