Friday, March 21, 2003

Economists: Where is your pride?

You are dissed in Friday's WSJ (which really is the day's best reading):

In one of the more remarkable comments to come from the Fed, its statement this week said it "does not believe it can usefully characterize the current balance of risks." This from the Fed's army of economists that rivals the 101st airborne in numbers, but clearly not in guts.

[from THE MACRO INVESTOR column by STEVE LIESMAN]

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