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Origins of the Financial Crisis: Did the Fed Leave Interest Rates Too Low for Too Long?
James Bullard, St. Louis Fed president and CEO
June 11, 2009 (1:15) | Transcript
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St. Louis Fed President James Bullard discusses the origins of the financial crisis. Part 2 focuses on whether the Fed left interests rates too low for too long. Raising rates sooner may or may not have helped, but it wouldn't have fixed the problem.
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