Former Minneapolis Fed President Stern on Bloomberg
Gary Stern was asked about the struggles of Fed communication and he said he used to believe that it was beneficial for FOMC members to speak their minds publically but he’s beginning to change his thinking. He says that all the different voices lead to a muddled message and that maybe the FOMC meeting is the time to voice opinions.
Former Fed President Gary Stern says communication is an increasing problem
ByAdam Button
Sep 9, 2016