Poole on Fed Transparency: How, Not Whether

In the speech 'Fed Transparency: How, Not Whether' given on 21 August William Poole of the Federal Reserve Bank of St. Louis said transparency is a worthy goal, but improving transparency is hard work. "My thinking is still evolving, but one thing I know is that the more I consider the issue the harder it seems. I think it fair to say that systematic study of the how of transparency is in its infancy, and hope that my remarks here spark others to analyze these issues."

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