MM121: Goldman profit plunges & has the UK turned the corner with inflation?
Market Maker
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The Fed's Uncommittal Strategy
"I think it's too early. They'd have to be pretty brave to hang their hat on one month's data," he says. "Another way or avenue of a central bank being able to communicate and test the market out is via sources." The Fed do it like the ECB, I should say, do it like clockwork. It's like Christine, the guards got a button under her desk when she's delivering the press conference. And she's got the earpiece like Tom Cruise, emission impossible. She'll push the button bang as you hits it!"
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Transcript
