The Fed's Rhetoric on Inflation

"It just kind of seemed like a real lack of concern and I get he doesn't want to kind of scare the public with being overly sensitive. But talking about how monetary policy and the ability tools are working together and they're not working in contradiction which I thought was a bit baffling considering that a lot of this has come about due to rising rates," says Mike Downey. "I mean it was a little concerning sort of the laxadaisical attitude he had towards the banking situation."