It is understandable that a new Fed chairman would want to prove his inflation-fighting mettle right away, but I think there is a danger that housing is more vulnerable than people realize.

I think [Fed Chairman Alan] Greenspan owes it to his successor and financial markets to stand firm on inflation amidst rising inflation expectations by hiking and largely sticking with the previous statement rather than catering to politicians and any pro-growth inclinations by either pausing or hiking and issuing a dovish statement,

The Fed chairman has a lot of latitude to do things the way he wants to. I don't see why he wouldn't carry the day the way he wants to.

It's the rationale of not putting all of your eggs in one basket, for not betting that (Fed Chairman) Alan Greenspan can save the economy.

We've had the same Fed chairman for so many years that we have a standard. He represents an unknown, to an extent.

It is not as if they named a plumber as chairman of the Fed.