Is the Fed Staying in Policy Later?

"I'm short Alan Greenspan. And we'll continue to be I have long puts," he says. "Once you lose credibility, then you're all of a sudden your monetary policy because moral suasion and how you think about where you want to guide the system is usually important." The Fed's current insistence on taking us up to five five and a quarter? Is that sort of a third? Hey, we're gonna we're gonna have stable rates. We're gonna full employment. And we also have to maintain our credibility?"