Fed Not Aggressive Enough at First: Dudley, New York Fed President

Do you agree with William Dudley, President FEDERAL RESERVE BANK of NEW YORK?

With the benefit of hindsight it is clear that Federal Reserve monetary policy was not as aggressive as it should have been in the wake of the financial crisis, said William Dudley, the president of the New York Fed Bank….

Fed was not aggressive enough at first: Dudley – MarketWatch.

There are many variables not touched upon in that short article such as bank restructuring under new management via standard governmental-takeover of insolvent banks. Many such banks have then been highly successfully re-privatized, sparing the people/retail consumers, etc.


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