Economy Blog

The Journal’s Greg Ip discussed how the Federal Reserve under Ben Bernanke communicates in a speech to the Money Marketeers of New York University on Jan. 16. Ip said: “Much of what we?ve experienced has little to do with Bernanke per se or even communications, but the stage of the economy. I also think the communications problems that have occurred reflect long-standing tensions within the Fed. But it?s probably also true that some of Bernanke?s style has muddied the Fed?s message in the last five months.”
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