Bernanke (Once Again) Calls Out The Wall Street Journal

As hedge fund managers watch the Fed closely for practical signs of tightening, with some Fed watchers saying Janet Yellen has already engineered the start of a restrictive monetary policy well before the much anticipated official raising of interest rates in the second half of 2015, there is Ben Bernanke, out today with yet another Brookings Institution blog post disputing an opinion piece published in the Wall Street Journal. Who has power is the issue between Benn Steil and Ben Bernanke, as some observers say Fed has already engineered a restrictive monetary policy In this instance, rather than tangle with the WSJ’s…