The Fed's Reaction to the Banking Problem of March

Harley: Is it not possible that the market is reacting much differently to looming difficulties than in 2007 and 2008? Harley: I have lost much of the dogmatism with which I carried myself in the early say, first 40 years of my career. There's a huge difference between today's problem and the financial crisis, you know, 15 years ago. He says we should be worried about as much as we want to use the move index or the VIX for our own good.