Skip to main content

Newsroom

April 15, 2014

Fed’s Stein: Financial stability should inform policy

“A top Federal Reserve policymaker on Sunday repeated his controversial assertion that financial stability should be an aim of U.S. central bank policymaking.

“Jeremy Stein, a Fed governor who is resigning next month, told an International Monetary Fund forum there is a need “in principle” to incorporate the aim of financial stability into monetary policies. Less clear, he said, is how to “operationally” incorporate it into policy.

“Stein has pushed this idea for more than a year. It runs against the traditional concept of adjusting interest rates to target inflation and unemployment, and separately, using regulation and supervision to ensure the financial sector is stable.

***

Read full Reuters article here.

In the News
Share

MEDIA REQUESTS

For media inquiries, please contact us at
press@bettermarkets.org or 202-618-6433.

Contact Us

For media inquiries, please contact press@bettermarkets.org or 202-618-6433.

To sign up for our email newsletter, please visit this page.

Name(Required)
This field is for validation purposes and should be left unchanged.

Sign Up — Stay Informed With Our Monthly Newsletter

"* (Required)" indicates required fields

This field is for validation purposes and should be left unchanged.

For media inquiries,

please contact press@bettermarkets.org or 202-618-6433.

Donate

Help us fight for the public interest in our financial markets, protecting Main Street from Wall Street and avoiding another costly financial collapse and economic crisis, by making a donation today.

Donate Today