26 November 2015 - 26 February 2016 We're delaying a normalization of rates way, way beyond what is prudent. We have a monetary policy that's now in place that was adopted for the crisis conditions of 2008 and 2009. This [northern] summer we're going to be getting the seventh year of this recovery. It's been a lousy recovery, but it's still the seventh year of a recovery. That … [Read more...] about Leithner Letter Nos. 192-195
Chris Leithner