Blinder Says Fed ‘Making It Up’ With New Stimulus: Tom Keene
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Federal Reserve policy makers are improvising as they debate embarking on a second round of unconventional monetary stimulus, said Alan Blinder, former vice chairman of the U.S. central bank.
“They are making it up as they go along,” Blinder, a Princeton University economist, said in an interview with Bloomberg television’s “Surveillance Midday” with Tom Keene.