News

  • Just for Laughs: A Few Light Moments From Fed's 2013 Meetings

    From bnnbloomberg.ca

    Central banking can be dry and nerdy. But back in 2013, members of the Federal Open Market Committee, the Feds interest-rate-setting panel, found plenty of opportunities to share light-hearted jokes even as they debated how to support the slowly recovering U.S. economy. Transcripts of the FOMC meetings, released Friday with their customary five-year lag, registered a number of occasions that generated laughter, including now-Chairman Jerome Powell urging then-Fed chief Ben Bernanke to perform like the LeBron James of monetary policy. Here are some of the best moments: While calling for caution over purchases of ... (full story)