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Bryan Anderson: Fed Chair Janet Yellen Has A Serious Communications Problem
'You don't tell the markets anything. You just implement policy — slowly and smoothly." That was the communication policy of late Fed Chairman William McChesney Martin (1906-1998), as recalled by finance professor Lewis Spellman of the University of Texas at Austin.
Spellman, who worked at the Fed during the Johnson administration,
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Posted: October 6, 2015 Tuesday 05:12 PM