Billionaire investor Warren Buffett compared the U.S. Federal Reserve to a hedge fund because of the central bank’s ability to profit from bond purchases while accumulating a balance sheet of more than $3 trillion.
Buffett: Fed Is Greatest Hedge Fund in History
19 Sep 2013
Buffett: Bernanke Is Right, But Inequality Worsens
James Bullard, St. Louis Federal Reserve Bank President, explains the logic behind the Fed’s decision not to taper in September. He speaks on Bloomberg Television’s “Bloomberg Surveillance.”
Bullard: Dismayed at Fed Decision Market Surprise