President Bullard on the Origins of the Financial Crisis - Part 2: Did the Fed Leave Interest Rates Too Low for Too Long?
June 11, 2009
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.
- Part 1: What Happened?
- Part 2: Did the Fed Leave Interest Rates Too Low for Too Long?
- Part 3: What Challenges Do We Face for Regulatory Reform?
