Exact(35)
Hensarling accuses the Fed of ignoring the federal funds rate threshold of zero by turning to other policies.
He uses a Wall Street Journal editorial to accuse the Fed of "improvisation".
Mr. Dodd had initially proposed stripping the Fed of all bank supervision duties.
Some have accused the Fed of deliberately weakening the dollar to make American exports more competitive.
Paul McCulley, a managing director at Pimco, a big bond-trading firm, accused the Fed of "breaking a covenant".
To do so would be to deprive the Fed of one of the best minds in economics.
Similar(25)
The important common bond among all those factors: the represent the Fed of magical thinking.
Third, can the F.D.I.C. replace the Fed of old when lending under Dodd-Frank, or is its role more like that of a traditional debtor-in-possession lender?
"I'd say election relief contributed 25percentt of this rally and the acknowledgment by the Fed of economic risks 75percentt," said Ned Riley Jr., chief investment strategist at State Street Global Advisors in Boston.
These measures could include the buying by the Fed of longer-term Treasuries in an effort to push the price up and the yield, which moves in the opposite direction of the price, down.
"Don't you have the tradition at the Fed of not talking publicly about problems when things are at their worst?" one central banker asked me during a mid-October trip.
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