Reflections on the Capital Goods Overhang

SPEECH - Remarks by Vice Chairman Roger W. Ferguson, Jr. before the Charlotte Economics Club, Charlotte, North Carolina, 18 July.

I am pleased to have this opportunity to speak to the Charlotte Economics Club. Occasions such as this provide those of us who work on economic policy in Washington an invaluable way to touch base and exchange ideas with business leaders around the country. The views that I will set forth today are my own and are not necessarily shared by other members of the Board of

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