Is the Fed Overreaching?
This commentary originally appeared at 7:59 a.m. EDT on Aug. 27 on Real Money Pro -- for access to all of legendary hedge fund manager Doug Kass's strategies and commentaries, click here.
Following careful deliberations at its recent meetings, the Federal Open Market Committee (FOMC) has reached broad agreement on the following principles regarding its longer-run goals and monetary policy strategy. The Committee intends to reaffirm these principles and to make adjustments as appropriate at its annual organizational meeting each January....377 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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