Busted: Bankers and The Global Economy

September 22, 2007

Fed Admits Choppy Market Ahead

Filed under: banking, federal reserve, government, money, politics — Tags: , , , , , — digitaleconomy @ 8:18 am

“My intent today is not to suggest that the Federal Reserve is somehow omniscient regarding the path of the U.S. economy. Nor is it my intent to suggest that the Federal Reserve’s knowledge and tools are sufficiently surgical to steer the U.S. economy completely unscathed through the choppy waters of financial market turbulence.”
~ Governor Kevin Warsh

Financial Market Developments


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