FOMC has had some ‘very frank’ discussion, I didn;t want QE but lost my arguments
- In the FOMC we do get things done, …thought we’d done enough already
- Questions efficacy in buying US treasuries, , we may never be able to leave this position of accomodation and the program’s efficacy is ‘declining over time’
- FOMC action encourages congress not to act
- ‘I’m a hawk’
- FOMC Verbiage has expanded since the meeting
- Was worried we were ‘tangled in our own knickers’
Comments made in an interview with CNBC, reported by Bloomberg
