The Need for Change at the Fed

Leonard J. Santow

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The Need for Change at the Fed

机译：美联储的变革需求

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The Federal Reserve is a bad forecaster, and its so-called forward guidance can be confusing. Moreover, not all district presidents are allowed to vote on open market operations. Instead, some make their views known publicly. Reforms could help measurably. This economist proposes several.

机译：美联储是一个糟糕的预测者，其所谓的前瞻性指导可能会令人困惑。此外，并非所有地区总统都可以对公开市场运作进行投票。相反，有些人公开发表了他们的观点。改革可以大大帮助。这位经济学家提出了几个建议。

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《Challenge》 |2013年第5期|74-84|共11页
作者
Leonard J. Santow;
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The Need for Change at the Fed

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