December 3, 2024

AndronETalksNews

AndronETalksNews

Fed Vice Chair Clarida Traded Millions One Day Before Powell Emergency Pandemic Statement

Zero Hedge

By Tyler Durden – October 3, 2021

Earlier this week, with Fed hawks suddenly dropping like flies following the resignations of Boston and Dallas Fed presidents, Rosengren and Kaplan, amid a public outcry over their recently-revealed daytrading activities which benefited them as a direct result of monetary policy decisions they were explicitly and directly involved in, we joked that if the Fed wants to get rid of all the hawks, they just need to leak the trading records of Kansas City Fed president Esther George, widely viewed as the most vocal hawk among all FOMC members.

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