The American coach John Wooden was famous for his “Pyramid of Success.”
International audiences became acquainted with its contents through the television series “Ted Lasso.” One of Wooden’s bromides, borrowed for this commentary’s title, encourages action rooted in firmness of conviction. It discourages rash movements that might be regretted later on. As the Federal Reserve gathers to contemplate American monetary policy next week, they will do well to keep Wooden in mind.
limited_access.body_anonymous
