Wall Street Journal (August 26)
2010/ 08/ 26 by jd in Global News
Former Vice Chairman of the Federal Reserve Board Alan Blinder writes that “the Fed has already spent its most powerful ammunition; only the weak stuff is left.” Blinder examines the Fed’s remaining options for perking up the economy. He suggests tweaks, such as buying private assets rather than Treasuries, to strengthen the remaining options.
Former Vice Chairman of the Federal Reserve Board Alan Blinder writes that “the Fed has already spent its most powerful ammunition; only the weak stuff is left.” Blinder examines remaining options for perking up the economy. He suggests tweaks, such as buying private assets rather than Treasuries, to make the remaining options more effective.
