Disband the Fed: The Most Accurate Statement Yellen Could Make

STAFF NEWS & ANALYSIS

Disband the Fed: The Most Accurate Statement Yellen Could Make

By Daily Bell Staff – June 22, 2016

Fed’s Yellen: US economy faces ‘considerable uncertainty’  … Federal Reserve Board Chairwoman Janet Yellen testifies before the Senate Banking, Housing and Urban Affairs Committee on June 21, 2016 in Washington on June 21, 2016 …  Federal Reserve Chair Janet Yellen warned Tuesday that the US economy faces “considerable uncertainty” from slower domestic activity and from a possible British vote to break with the European Union.  -Yahoo

Here’s a question: Why is the Senate listening to Janet Yellen about the economy?

It’s like the blind leading the blind.

The Senate has no idea what’s going on with the economy.

Neither does Yellen.

She was wrong about hiking rates. She was wrong about the direction of the market. And she’s been wrong about the economy as

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