Mark Miner, a Perry spokesman, didn't directly respond to a query for comment on whether his boss was threatening the Fed chairman. "The governor was expressing his frustration with the current economic situation and the out-of-control spending that persists in Washington," Miner said in a statement. "Most Americans would agree that spending more money is not the answer to the economic issues facing the country."
'Completely Inappropriate'
Sandy Leeds, a senior lecturer in finance at the University of Texas in Austin, called Perry's remark "completely inappropriate" and argued that the Fed's recent policy has helped Texas.
"If anything, quantitative easing pushed money into risky assets such as oil and this has helped Texas," he said. "The idea that the Fed shouldn't do something when we are 14 or 15 months away from a general election has no standing."
Perry's entrance into the race last weekend has reshaped the Republican field, forcing former Massachusetts Governor Mitt Romney and U.S. Representative Michele Bachmann of Minnesota, who won the Aug. 13 Iowa Straw Poll of Republican activists, to compete against a brash new rival.