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There Are No Doves Left At The Federal Reserve | Nick Timiraos
Forward Guidance
Randy Corals' Story of the Fed's Failure to Tighten Monetary Policy
I hear that it's essentially gossip, but you know, you're very well sourced. How accurate is that characterization? There was this story that Randy Corals, the former Fed Vice Chair, told at the Hoover Conference in early May. He explained that he had this habit of triggering a security alarm in his office that would send security officers into his office late at night. They finally realized he just does this so they stopped responding. But one night there was a security officer who was new or didn't know that Corals kept hitting the button. So the security officer came running,. And then Corals went on to explain that there's art on, he had some art on the walls,
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