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Ed Harrison Explains What the Fed Is Really Trying to Accomplish
Odd Lots
Is the Fed Trying to Tighten Financial Conditions?
Sally Kohn: It does feel like we are in this environment, you know, things unclear at the best of times. When stocks go up, that represents a loosening of financial conditions when they go down,. In some sense, the fed basically said by saying that, a, we want a a defeated flasher by tightening policy. And b, our policy works through tightening financial conditions. She says it's interesting because clearly they're listening what bill dudley has to saywel.
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