Fed Governor nominee Goodfriend: Inflation is slowly rising and Fed is more or less on the right path

Additional headlines from Carnegie Mellon University Professor Marvin Goodfriend, who was nominated by U.S. President Donald Trump back in November to become a member of the Federal Reserve Board of Governors, is crossing the news wires.

Key quotes (via Reuters)

Government does not need to guarantee 30-year mortgages.

Don't believe any U.S. banks are too big to fail.

Did not think that a third round of bond purchases was called for.

Inflation is slowly rising and Fed is more or less on the right path.