What is Quarles a nut job?It would CRUSH the markets.
As well as everyone else.
https://www.marketwatch.com/story/fed-will-raise-its-policy-interest-rate-above-the-inflation-rate-sooner-rather-than-later-says-ex-governor-quarles-who-resigned-last-month-11643134615?mod=mw_latestnews
Can you imagine the FED raising rates too above 7% or even 4%
Ha more bobblehead talk. Trying too quell the nervousness in the market. And too show the market we are in control of things. YA RIGHT>