(Reuters) - "The Fed doesn't know, and market participants do not know
either, the full implications of last week's stock market
declines and increases in risk spreads," St Louis Federal
Reserve President William Poole said.
Poole said the Fed should not add to the uncertainty by
making its own policy less predictable. But if it was convinced
about the scale of the risks, it would not stand idle.
Read more at Reuters.com Bonds News
either, the full implications of last week's stock market
declines and increases in risk spreads," St Louis Federal
Reserve President William Poole said.
Poole said the Fed should not add to the uncertainty by
making its own policy less predictable. But if it was convinced
about the scale of the risks, it would not stand idle.
Read more at Reuters.com Bonds News
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