On the recordFebruary 12, 2018
As a public institution, we must be transparent about our actions so that the public, through its elected representatives, can hold us accountable.
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congress.govAs a public institution, we must be transparent about our actions so that the public, through its elected representatives, can hold us accountable.
Emphasizing the importance of transparency in public institutions.
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In effect, we went on hold when we saw the size of the tariffs, and essentially all inflation forecasts for the United States went up materially as a consequence of the tariffs.
Everyone that I know is forecasting a meaningful increase in inflation in coming months from tariffs.
It is a big risk to our independence if we were to stray into areas where we shouldn’t that really aren’t part of our mandate.
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