Janet Yellen could easily be ranked as the worst FOMC chair ever - TopicsExpress

Janet Yellen could easily be ranked as the worst FOMC chair ever after that atrocious report yesterday. For everyone that said Larry Summers wouldnt know how to focus his language, Yellen cant either. The Fed lost serious credibility yesterday. Quantitative and sound metrics shoved aside for a nebulous qualitative formula that I still cant figure out after looking through an entire quant and qualitative metric text grounded in using past regression data as the input parameters..... Why not just say We decided our numbers have been wrong all along and the field is really 110 yards with hidden end zones, a secret rule book, and Fed Chiefs collecting tax payer money. If you dont like what you set as your metrics, dont set them! Janet The Joker Yellen just say it Rate Hike is coming soon, but not before the elections.

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