Tame the Federal Reserve!

America's new government wants to make the American Fed to terms. Its monetary policy is to be tightened again. It's about time.

This commentary is from the column “Mayers Weltwirtschaft” (Mayer’s World Economy) which was published in the FAS (Frankfurter Allgemeine Sonntagszeitung) and is available online at www.faz.net (in German only).