Fed’s Rosengren on lessons from history
Eric Rosengren, the president of the Boston Federal Reserve, has looked to history to answer five questions on the current financial turmoil.
The five questions were:
• Was this crisis preventable?
• Could it have been better contained?
• What are the implications for government structures?
• What are the implications for government policies?
• What are the implications for the global economy?
Click here to read the speech
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