Federal Reserve Bank of Dallas
The limits of monetary policy: 'Monetary policy responsibility cannot substitute for government irresponsibility'
Remarks before a luncheon meeting of the Manhattan Institute and e21, New York City, January 12, 2011 ; "The key to correcting the underperformance of the American economy and American job creation does not rest with the Federal Reserve. It is in the hands of those who make fiscal and regulatory policy."
Richard W. Fisher, "The limits of monetary policy: 'Monetary policy responsibility cannot substitute for government irresponsibility'", Speech, Federal Reserve Bank of Dallas, issue Jan 12, 2011.
Keywords: Economic conditions - United States ; Monetary policy ; Fiscal policy
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