Unlike smooth talking politicians, the Federal Reserve actually tries to be honest about the effects of their policies. This is something that should be applauded, not exploited as a means to get political capital.
I'm not sure why you think this is true. For month's Powell has been shifting the narrative. First it was under control, then it was a soft landing, now it's going to be a rough landing. What'll it be tomorrow?
I don't think they're being dishonest. I think they're constrained in how forthright they can be, lest they trigger a market reaction.
> I think they're constrained in how forthright they can be, lest they trigger a market reaction.
This is why I said that they try to be honest. Doctors are also inclined to err on the side of optimism when they are uncertain. The difference is that nobody is making conspiracy theories about doctors actually wanting to make their patients sick.
I don't think they're being dishonest. I think they're constrained in how forthright they can be, lest they trigger a market reaction.