Danielle DiMartino Booth does not hold the US Federal Reserve in high regard. At the 2019 CFA Institute Seminar for Global Investors, the Quill Intelligence CEO and chief strategist called the central bank one of the most unproductive institutions on the planet.
DiMartino Booth's perspective is informed by her tenure advising the Federal Reserve Bank of Dallas, which she joined after working on Wall Street. At the start of her career, she wasn't quite sure what the central bank did. "Even though I didn't really understand what the Federal Reserve was," she said,