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William Poole to Speak at Cato Institute
- Article from:
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U.S. Newswire
- Article date:
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November 29, 2007
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Copyright informationCopyright 2007 U.S. Newswire. Provided by ProQuest LLC. (Hide copyright information)
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To: POLITICAL EDITORS
Contact: Jacob Grier, manager of media relations of Cato
Institute, +1-202-789-5200, jgrier@cato.org
Federal Reserve Bank of St. Louis President will address risks of
market bailouts
WASHINGTON, Nov. 29 /PRNewswire-USNewswire/ -- Do Federal Reserve
monetary policy actions serve to bail out the markets? To the extent
that such bailouts occur, do they raise moral hazard issues? These
are the questions Federal Reserve Bank of St. Louis President
William Poole will address tomorrow in a forum hosted by the Cato
Institute.
Federal Reserve actions have been criticized for creating a
potential expectation of bailouts, leading Wall Street to call for ...
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