“The problem is, the Fed can’t just sit there in the dark. Stocks rose.All Fed chairs have stumbled, and roiled markets across the globe as a result. Ben Bernanke in 2013 sent world stocks plummeting when he suggested the Fed would slow its bond-buying stimulus. "That's always difficult," Rivlin said, recounting Greenspan's reaction when she used the word "guess" in a speech. "(He) said, don't use the word 'guess' because it sounds like we don't know what we're doing.

Source: The Star December 30, 2018 18:00 UTC