Lessons learned, convictions confirmed
Richard W. Fisher
No 27, Speeches and Essays from Federal Reserve Bank of Dallas
Abstract:
\"In theory, the Fed's monetary policy and regulatory functions are separate. In practice, they are anything but--rather, it is a symbiotic relationship. The past two years have highlighted the interconnections of monetary and regulatory policy: Monetary policy depends upon regulation that ensures the soundness of financial institutions.\" ; Remarks before the Council on Foreign Relations, New York City, March 3, 2010.
Keywords: Financial crises; Financial markets; Regulation; Federal Reserve System - Independence (search for similar items in EconPapers)
Date: 2010
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