Former Federal Reserve Staffer Says Economists at Central Bank Don’t Know How Economy Works
Posted By Ali Meyer On February 8, 2017 @ 4:47 pm In Issues | No Comments
A former staffer at the Federal Reserve Bank of Dallas has criticized the central bank, saying economists employed there don’t know how finance and the economy works, the Wall Street Journal reported.
Danielle DiMartino Booth was hired as an adviser to Richard Fisher, a former president of the Dallas Fed who also criticized quantitative easing—the Fed’s accommodative monetary policy following the financial crisis that increased the bank’s balance sheet to roughly $4.45 trillion.
Article printed from Washington Free Beacon:
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http://freebeacon.com/issues/former-federal-reserve-staffer-says-economists-central-bank-dont-know-economy-works/
