- Says Fed, economists look at thousands of indicators.
- Hard to pinpoint one, two indicators for full picture.
- Says Fed could buy more treasuries if economy deteriorates.
- Fed could also explain policies more clearly.
- Says nominal GDP targeting could be tried.
- More aggressive options are available.
- Aggressive options available if things are really bad.
- Good news U.S. banks able to reduce Europe exposure.
- Says major Europe financial failure would affect U.S.
I think he’s done now.
Bloomberg headlines