April 1, 2010 (45:35) | Transcript

On April 1, Alan S. Blinder, the Gordon S. Rentschler Memorial professor of Economics and Public Affairs at Princeton University and former vice chairman of the Board of Governors of the Federal Reserve System, presented "Quantitative Easing: Entrance and Exit Strategies" at the Federal Reserve Bank of St. Louis's annual Homer Jones Memorial Lecture. In his remarks, Blinder discussed the concept of quantitative easing, the Fed's entrance strategy, the Fed's exit strategy, and its implications for central bank independence.

The annual Homer Jones Memorial Lecture is sponsored by the Federal Reserve Bank of St. Louis, the Gateway Chapter of the National Association for Business Economics, Southern Illinois University at Edwardsville, St. Louis University, University of Missouri-St. Louis and Washington University.

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