RSS Feed by Calculated Risk on 8/15/2005 06:01:00 PM
Monday, August 15, 2005
FED Senior VP: Fed May Need to Raise Rates to Stop `Bubbles'
Earlier I posted excerpts from an economic letter by the Federal Reserve's Glenn D. Rudebusch, Senior Vice President and Associate Director of Research: Monetary Policy and Asset Price Bubbles.
Dr. Thoma directs us to some additional comments by Rudebusch. Also see Professor Thoma's related comments on interest rates and balancing the economy: The Insurance Value of Increasing the Federal Funds Rate.
