Fed's Poole on maintaining financial stability

In a speech on 'Maintaining financial stability: A central banker's perspective' given on 27 November, William Poole of the Federal Reserve Bank of St. Louis said central banks should not respond to every wiggle from inflation as they seek steady prices and the "too big to fail" mantle enjoyed by Fannie Mae and Freddie Mac pose a threat to financial stability.

In the speech to the Czech Economic Association Poole said ensuring low and stable inflation was the best contribution policymakers can

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