The Schizophrenic Fed

by Matthew Kerkhoff
Financial Sense

Central bank policy is center stage this week as the world turns its attention to Jackson Hole, Wyoming. The symposium hosted by the Kansas City Fed has become the prime venue for discussing monetary policy.

Federal Reserve Chairwoman Janet Yellen is set to deliver her speech on Friday, which will capture the attention of global markets.

Leading up to the event, Fed officials have been especially vocal and particularly unaligned. The rhetoric has caused more than a few Fed watchers to use the term “schizophrenic.”

Continue Reading at…