The Alan Blinder Economic Outlook
Following each meeting of the Federal Reserve’s Federal Open Market Committee (FOMC), Promontory Interfinancial Network co-founder, former vice-chair of the Fed, and Princeton economist Alan Blinder provides an analysis of the proceedings and implications for future policy and economic activity.Was it T.S. Eliot who said, “This is the way the Federal Open Market Committee meeting ends. Not with a bang, but with a whimper.”? No, I guess not. But words to that effect were appropriate on Wednesday. Read more.