(Reuters) - The Fed bank president, speaking to a group here also
cautioned that monetary policy cannot determine potential
growth rates.
"It cannot change the long-run growth rate," said Hoenig,
who is a voting member this year on the Federal Reserve's
interest rate-setting committee.
Read more at Reuters.com Bonds News
cautioned that monetary policy cannot determine potential
growth rates.
"It cannot change the long-run growth rate," said Hoenig,
who is a voting member this year on the Federal Reserve's
interest rate-setting committee.
Read more at Reuters.com Bonds News
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