Anybody remember the last President to ask for a tighter monetary policy?

In full, section 2A states that the Fed “shall maintain long run growth of the monetary and credit aggregates commensurate with the economy’s long run potential to increase production, so as to promote effectively the goals of maximum employment, stable prices, and moderate long-term interest rates.”9

What about the third mandate? What is a moderate interest rate?

Whatever the market decides.

I may be oversimplifying things, but wouldn't it be whatever rate is required to achieve the other two mandates?

It looks like QE, sounds like QE, smells like QE, but they say it's not QE?

Was a toss up between the silver thread, and this thread,,,,

They’re going to do what ever it takes to win the midterms

Understanding what a “crack-up boom” looks like, and the consequences are very important

Not saying we are there yet,,,, but that’s where we are headed

Seems like I remember some conspiracy theories over who owned the Fed Reserve and that it got settled over on a grassy knoll, but I think they blew it off as just blowing smoke.

Well, it seems when you don't achieve moderate long term interest rates, then rate cuts can only be so stimulating. I wonder if negative rates would be moderate?

BTW Freddie and Fannie used to be an independent GSE. Apparently, now a politician can order some money printing?