Morning Must-Read: Ben Bernanke: Should monetary policy take into account risks to financial stability?

Ben Bernanke: Should monetary policy take into account risks to financial stability?: “In light of our recent experience, threats to financial stability must be taken extremely seriously… …However, as a means of addressing those threats, monetary policy is far from ideal…. It is a blunt tool… can only do so much… [if] diverted to the … Continue reading Morning Must-Read: Ben Bernanke: Should monetary policy take into account risks to financial stability?