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Former Dallas Fed President: Fed will focus on real economy, not markets

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'They will adjust, they will be flexible, they will be patient,' Fmr. Dallas Fed President Richard Fisher said he doesn't understand why the market is so nervous about Fed policy decisions. 'This is standard Federal Reserve rhetoric.'

 

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Maybe because the Fed's always overdo everything. Typically they raise interest rates until they induce a recession, then quickly drop them, rinse and repeat over and over.

Did Dick Fisher just say “prophylactic medicine”? Maybe a poor choice of words for a dignified man. ThingsThatMakeYouSayEwwwww

Amen. The market’s recent insanity definitely seemed way out of proportion to any Fed-related cause. Almost as if everyone was paying attention to Cramer and losing it. Markets can sometimes succumb to mass hysteria.

It was the 233% increase in rates in 21 months with promises of more that was problematic! 🙄

Trying to wreck Trump's Economic Rally

How is it possible that Powell and the fed board talk so much while saying so little. They should just release an emoji once a year. 👍👎

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