But if the choice was being
made by the central bankers and academic economists who attended a closely - watched conference in Jackson Hole, Wyo. over the weekend, there would be another name very much in the mix — and quite possibly the front - runner.
Not exact matches
A
central banker paralyzed
by fear of
making the wrong choice is a serious problem.
Many people believe that the Internet
makes a
central banker's job easier
by helping to hold down prices.
Yet somehow, despite policy failures that are
made obvious
by the lowest interest rates ever recorded in human history, a persistent narrative still dominates financial markets: all - knowing, omnipotent
central bankers are still in full control of the situation and will do «whatever it takes» to maintain order.
Today, I'm going to reiterate my position that, in the age of competitive quantitative easing
by the world's
central bankers, it
makes sense to err on the side of bullishness.
We should
make note that Greenspan followed his comment about irrational exuberance
by quickly adding that
central bankers need not be concerned with the collapse of an asset bubble if it does not impair the real economy.