Political Quotes

Richard Shelby: “However, the Fed's frequently incorrect predictions of interest rate increases have caused it to lose some credibility…”

On the recordJune 20, 2016
However, the Fed's frequently incorrect predictions of interest rate increases have caused it to lose some credibility among some quarters.
Said by
Richard Shelby
Republican · Alabama

Editor's note · Context

Shelby criticizes the Fed's credibility due to inaccurate interest rate predictions.

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