Fed policy comes under attack

Former BoE policymaker Willem Buiter sparked the biggest debate at the Fed’s annual mountainside symposium, saying the central bank pays too much heed to the concerns of financial institutions.

Former BoE policymaker Willem Buiter sparked the biggest debate at the Fed���s annual mountainside symposium, saying the central bank pays too much heed to the concerns of financial institutions.

���The Fed listens to Wall Street and believes what it hears,��� Buiter said.���This distortion into a partial and often highly distorted perception of reality is unhealthy and dangerous.���
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › International › Fed policy comes under attack
Text Size:AAA
Success
This article has been saved

*

+