The Feds Job Is Not a Political Job

There is this feeling in monetary policy circles that monitary policy can't do a huge amount when it comes to commodity prices. The federal reserve has been looking at theye all halen reams of economic taper and really trying to understand what's going on. Normes think this is political spin. They lurk out, you just made that up. Super corps, everything's more expensive for me now. But the feds job is not a political job yet. Feds job is not to try and persuade people thatin tion is low. The fets job is to keep prices in check broadly,. And to maybe care a little bit less about the stuff they can control.