4 March 2010, 1:56 pm
Fallout from the financial turmoil of 2008 and 2009 has placed the Fed at a crossroads on three dimensions, St. Louis Fed President James Bullard said in remarks today at St. Cloud State University’s 48th annual Winter Institute. “First, the political independence of the Fed is at risk. Second, regulatory reform legislation threatens to hamstring the Fed’s ability to respond to a future crisis ...... Read More »