Fed McTeer: Econ helped by monetary, fiscal policy

Dallas Fed chief Bob McTeer said Tuesday "we would do whatever is necessary" to stimulate growth but he didn't think there was any likely scenario in which the Fed would be forced to adopt extraordinary measures such as heavily increasing purchases of long-dated Treasury bills to stimulate growth.

Source: Dow Jones

The Federal Reserve still has considerable latitude to stimulate economic growth if needed, but probably won't have to take any additional steps given the likelihood that the economy

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.