Is the Fed too open? From Kreminology to ‘Wednesdays with Ben’

September 19, 2013 at 12:54 PM
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From the cloistered days of the Fed to its gradual opening under Greenspan and its near complete transparency under Bernanke, public relations policy and the Fed have undergone a significant transformation in recent decades. How does this new found openness impact the effectiveness of the Fed's policy decisions?