Time for forward guidance: Fed should embrace the unconventional
By JOHN CORBETT | October 11, 2012During this election season, one of the issues weighing most heavily in the minds of voters will be the state of the economy. For all that has been said of the economic plans of the two candidates, it is easy to forget that the most important actor in the financial recovery will not be on the ballot this November, and is already in the midst of executing a large-scale and unconventional policy known as quantitative easing.