Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: KavMan
Isn't the Fed Chair the most important voice? If he/she says no to interest rate hikes then it doesn't happen?

That's like saying isn't the Chief Justice of the Supreme Court the most important voice. On the FOMC the Fed Chair, like the Chief Justice, is first among equals. He has one vote. The other members don't march in lock step.

69 posted on 02/06/2018 5:57:12 AM PST by DoodleDawg
[ Post Reply | Private Reply | To 67 | View Replies ]


To: DoodleDawg
That's like saying isn't the Chief Justice of the Supreme Court the most important voice. On the FOMC the Fed Chair, like the Chief Justice, is first among equals. He has one vote. The other members don't march in lock step.


OIC but raising interest rates now is the right thing to do from what I'm hearing from Maria Bartiromo & other guys on FOX Business, the economy is going gangbusters

70 posted on 02/06/2018 6:01:41 AM PST by KavMan
[ Post Reply | Private Reply | To 69 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson